Fidelity Total Bond ETF (NYSEARCA:FBND) Shares Acquired by Compass Ion Advisors LLC

Compass Ion Advisors LLC increased its stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 11.8% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 466,494 shares of the company’s stock after acquiring an additional 49,403 shares during the period. Fidelity Total Bond ETF accounts for about 2.7% of Compass Ion Advisors LLC’s holdings, making the stock its 7th largest position. Compass Ion Advisors LLC owned about 0.23% of Fidelity Total Bond ETF worth $21,804,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Capital Wealth Management LLC lifted its stake in Fidelity Total Bond ETF by 5.3% during the third quarter. Capital Wealth Management LLC now owns 304,497 shares of the company’s stock worth $14,232,000 after purchasing an additional 15,201 shares during the period. Cyndeo Wealth Partners LLC grew its holdings in Fidelity Total Bond ETF by 614.1% during the 3rd quarter. Cyndeo Wealth Partners LLC now owns 481,650 shares of the company’s stock worth $22,512,000 after acquiring an additional 414,198 shares during the period. Wealth Alliance Advisory Group LLC lifted its stake in Fidelity Total Bond ETF by 3.7% in the third quarter. Wealth Alliance Advisory Group LLC now owns 573,373 shares of the company’s stock valued at $26,799,000 after buying an additional 20,368 shares during the period. WestHill Financial Advisors Inc. raised its position in shares of Fidelity Total Bond ETF by 5.6% in the 3rd quarter. WestHill Financial Advisors Inc. now owns 662,515 shares of the company’s stock valued at $30,966,000 after acquiring an additional 35,194 shares during the period. Finally, Cadent Capital Advisors LLC acquired a new position in shares of Fidelity Total Bond ETF in the 3rd quarter valued at $491,000.

Fidelity Total Bond ETF Stock Performance

NYSEARCA FBND traded up $0.04 on Friday, reaching $46.14. The company had a trading volume of 937,971 shares, compared to its average volume of 1,341,126. Fidelity Total Bond ETF has a 1-year low of $42.45 and a 1-year high of $47.30. The company’s fifty day moving average is $46.60 and its 200-day moving average is $45.59. The firm has a market capitalization of $9.21 billion, a price-to-earnings ratio of 8.85 and a beta of 0.19.

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.