Barnes Pettey Financial Advisors LLC Increases Stake in Fidelity Total Bond ETF (NYSEARCA:FBND)

by · The Markets Daily

Barnes Pettey Financial Advisors LLC increased its holdings in shares of Fidelity Total Bond ETF (NYSEARCA:FBND – Free Report) by 119.8% in the third quarter, according to its most recent filing with the SEC. The fund owned 17,704 shares of the company’s stock after acquiring an additional 9,651 shares during the period. Barnes Pettey Financial Advisors LLC’s holdings in Fidelity Total Bond ETF were worth $827,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in FBND. Sherrill & Hutchins Financial Advisory Inc increased its holdings in Fidelity Total Bond ETF by 2.4% during the first quarter. Sherrill & Hutchins Financial Advisory Inc now owns 745,072 shares of the company’s stock valued at $33,759,000 after buying an additional 17,317 shares during the period. Cetera Investment Advisers lifted its stake in Fidelity Total Bond ETF by 31.7% during the 2nd quarter. Cetera Investment Advisers now owns 1,591,785 shares of the company’s stock valued at $71,519,000 after acquiring an additional 383,302 shares during the period. 9258 Wealth Management LLC purchased a new stake in Fidelity Total Bond ETF in the first quarter valued at $207,000. Harbour Investments Inc. boosted its stake in shares of Fidelity Total Bond ETF by 23.5% in the second quarter. Harbour Investments Inc. now owns 287,684 shares of the company’s stock worth $12,926,000 after buying an additional 54,676 shares during the last quarter. Finally, Certified Advisory Corp grew its position in Fidelity Total Bond ETF by 4.9% during the second quarter. Certified Advisory Corp now owns 268,452 shares of the company’s stock valued at $12,062,000 after buying an additional 12,660 shares during the period.

Fidelity Total Bond ETF Stock Performance

Fidelity Total Bond ETF stock opened at $45.71 on Friday. The stock has a market capitalization of $9.12 billion, a P/E ratio of 8.85 and a beta of 0.19. The company’s fifty day moving average price is $46.54 and its 200 day moving average price is $45.62. Fidelity Total Bond ETF has a 1 year low of $42.56 and a 1 year high of $47.30.

Fidelity Total Bond ETF Company Profile

(Free Report)

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.

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