JFS Wealth Advisors LLC Acquires 24,811 Shares of Fidelity Total Bond ETF (NYSEARCA:FBND)

JFS Wealth Advisors LLC boosted its stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 484.1% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 29,936 shares of the company’s stock after acquiring an additional 24,811 shares during the period. JFS Wealth Advisors LLC’s holdings in Fidelity Total Bond ETF were worth $1,399,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Country Trust Bank boosted its position in Fidelity Total Bond ETF by 12.7% during the 2nd quarter. Country Trust Bank now owns 5,960,744 shares of the company’s stock worth $267,816,000 after buying an additional 672,872 shares during the period. RFG Advisory LLC lifted its stake in shares of 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 in the last quarter. Envestnet Asset Management Inc. boosted its holdings in Fidelity Total Bond ETF by 27.5% during the 2nd quarter. Envestnet Asset Management Inc. now owns 3,824,123 shares of the company’s stock worth $171,818,000 after acquiring an additional 825,448 shares during the last quarter. Mather Group LLC. increased its position in shares of Fidelity Total Bond ETF by 4,145.0% during 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 position in shares of 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 valued at $137,287,000 after acquiring an additional 62,805 shares during the period.

Fidelity Total Bond ETF Stock Down 0.1 %

NYSEARCA FBND opened at $45.56 on Thursday. The firm has a market cap of $9.09 billion, a P/E ratio of 8.85 and a beta of 0.19. The company’s 50 day moving average is $46.49 and its 200-day moving average is $45.65. Fidelity Total Bond ETF has a 12-month low of $42.65 and a 12-month high of $47.30.

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.