WestHill Financial Advisors Inc. Buys 60,539 Shares of Fidelity Total Bond ETF $FBND

WestHill Financial Advisors Inc. lifted its stake in Fidelity Total Bond ETF (NYSEARCA:FBND) by 8.1% during the third quarter, Holdings Channel reports. The fund owned 806,703 shares of the company’s stock after acquiring an additional 60,539 shares during the quarter. Fidelity Total Bond ETF accounts for 7.3% of WestHill Financial Advisors Inc.’s holdings, making the stock its 5th largest position. WestHill Financial Advisors Inc.’s holdings in Fidelity Total Bond ETF were worth $37,302,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in FBND. Insight Wealth Strategies LLC raised its position in shares of Fidelity Total Bond ETF by 1.6% in the third quarter. Insight Wealth Strategies LLC now owns 17,535 shares of the company’s stock valued at $811,000 after purchasing an additional 281 shares during the period. AssuredPartners Investment Advisors LLC grew its stake in Fidelity Total Bond ETF by 1.8% in the 3rd quarter. AssuredPartners Investment Advisors LLC now owns 17,722 shares of the company’s stock valued at $819,000 after buying an additional 311 shares during the last quarter. Legacy Solutions LLC raised its holdings in Fidelity Total Bond ETF by 0.8% in the 2nd quarter. Legacy Solutions LLC now owns 49,122 shares of the company’s stock worth $2,247,000 after acquiring an additional 382 shares during the period. Benchmark Financial Wealth Advisors LLC lifted its position in Fidelity Total Bond ETF by 3.5% during the 2nd quarter. Benchmark Financial Wealth Advisors LLC now owns 12,939 shares of the company’s stock worth $592,000 after acquiring an additional 442 shares during the last quarter. Finally, Cozad Asset Management Inc. boosted its holdings in Fidelity Total Bond ETF by 0.7% during the second quarter. Cozad Asset Management Inc. now owns 67,218 shares of the company’s stock valued at $3,075,000 after acquiring an additional 455 shares during the period.

Fidelity Total Bond ETF Stock Performance

Shares of NYSEARCA:FBND opened at $46.29 on Monday. The stock’s 50-day moving average is $46.43 and its 200-day moving average is $46.06. The company has a market cap of $22.12 billion, a P/E ratio of 8.94 and a beta of 0.28. Fidelity Total Bond ETF has a 52-week low of $44.30 and a 52-week high of $46.86.

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.