Ausdal Financial Partners Inc. Acquires 18,855 Shares of Fidelity Total Bond ETF (NYSEARCA:FBND)

Ausdal Financial Partners Inc. lifted its holdings in Fidelity Total Bond ETF (NYSEARCA:FBND) by 50.9% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 55,877 shares of the company’s stock after buying an additional 18,855 shares during the period. Ausdal Financial Partners Inc.’s holdings in Fidelity Total Bond ETF were worth $2,511,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Country Trust Bank raised its position in Fidelity Total Bond ETF by 12.7% during the second quarter. Country Trust Bank now owns 5,960,744 shares of the company’s stock valued at $267,816,000 after purchasing an additional 672,872 shares during the period. RFG Advisory LLC increased its position in shares of Fidelity Total Bond ETF by 3.1% during the 2nd quarter. RFG Advisory LLC now owns 3,689,608 shares of the company’s stock valued at $165,774,000 after purchasing an additional 111,480 shares during the last quarter. Legacy Wealth Management Inc raised its holdings in Fidelity Total Bond ETF by 2.3% during the 2nd quarter. Legacy Wealth Management Inc now owns 2,874,451 shares of the company’s stock valued at $129,149,000 after buying an additional 65,956 shares during the period. Envestnet Asset Management Inc. lifted its position in Fidelity Total Bond ETF by 31.2% in the fourth quarter. Envestnet Asset Management Inc. now owns 2,647,000 shares of the company’s stock worth $121,868,000 after buying an additional 628,777 shares during the last quarter. Finally, UBS Group AG boosted its stake in Fidelity Total Bond ETF by 0.8% during the fourth quarter. UBS Group AG now owns 2,440,424 shares of the company’s stock worth $112,357,000 after buying an additional 18,964 shares during the period.

Fidelity Total Bond ETF Price Performance

FBND stock remained flat at $46.83 during mid-day trading on Friday. 4,963,235 shares of the company’s stock were exchanged, compared to its average volume of 1,295,730. Fidelity Total Bond ETF has a fifty-two week low of $42.45 and a fifty-two week high of $47.03. The firm has a market cap of $9.34 billion, a PE ratio of 8.85 and a beta of 0.19. The company has a 50 day simple moving average of $45.95 and a 200-day simple moving average of $45.29.

Fidelity Total Bond ETF Company Profile

The Fidelity Total Bond ETF (FBND) is an exchange-traded fund that is based on the Bloomberg U.S. Universal Bond index. The fund is an actively managed broad market bond fund that uses the Barclays US Universal Bond Index to guide its sector allocation and duration exposure. FBND was launched on Oct 6, 2014 and is managed by Fidelity.