Sunbelt Securities Inc. Has $615,000 Stock Position in Fidelity Total Bond ETF (NYSEARCA:FBND)

Sunbelt Securities Inc. raised its stake in Fidelity Total Bond ETF (NYSEARCA:FBND) by 8.7% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 13,166 shares of the company’s stock after acquiring an additional 1,058 shares during the quarter. Sunbelt Securities Inc.’s holdings in Fidelity Total Bond ETF were worth $615,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. FMR LLC raised its holdings in Fidelity Total Bond ETF by 2.2% during the 3rd quarter. FMR LLC now owns 12,604,148 shares of the company’s stock worth $589,118,000 after purchasing an additional 267,811 shares during the last quarter. RFG Advisory LLC lifted its holdings in Fidelity Total Bond ETF by 9.6% in the third quarter. RFG Advisory LLC now owns 4,042,746 shares of the company’s stock valued at $188,958,000 after buying an additional 353,138 shares during the period. Envestnet Asset Management Inc. lifted its holdings in Fidelity Total Bond ETF by 27.5% in the second quarter. Envestnet Asset Management Inc. now owns 3,824,123 shares of the company’s stock valued at $171,818,000 after buying an additional 825,448 shares during the period. Mather Group LLC. boosted its stake in Fidelity Total Bond ETF by 4,145.0% in the third quarter. Mather Group LLC. now owns 3,544,982 shares of the company’s stock valued at $165,692,000 after acquiring an additional 3,461,472 shares during the last quarter. Finally, Legacy Wealth Management Inc grew its holdings in Fidelity Total Bond ETF by 2.2% during the 3rd quarter. Legacy Wealth Management Inc now owns 2,937,256 shares of the company’s stock worth $137,287,000 after acquiring an additional 62,805 shares during the period.

Fidelity Total Bond ETF Stock Down 0.3 %

FBND stock opened at $45.66 on Friday. Fidelity Total Bond ETF has a twelve month low of $44.01 and a twelve month high of $47.30. The company has a market cap of $9.11 billion, a P/E ratio of 8.85 and a beta of 0.19. The business’s fifty day moving average is $45.77 and its 200-day moving average is $45.87.

About Fidelity Total Bond ETF

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.