Fidelity Total Bond ETF $FBND Shares Purchased by Triad Wealth Partners LLC

Triad Wealth Partners LLC lifted its holdings in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 92.8% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 785,511 shares of the company’s stock after acquiring an additional 378,080 shares during the period. Fidelity Total Bond ETF makes up 4.7% of Triad Wealth Partners LLC’s holdings, making the stock its biggest holding. Triad Wealth Partners LLC owned 0.17% of Fidelity Total Bond ETF worth $36,322,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in FBND. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Fidelity Total Bond ETF by 6.1% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 86,126,703 shares of the company’s stock valued at $3,940,297,000 after purchasing an additional 4,963,926 shares in the last quarter. Gallagher Fiduciary Advisors LLC boosted its holdings in Fidelity Total Bond ETF by 4,220.9% during the 2nd quarter. Gallagher Fiduciary Advisors LLC now owns 2,017,693 shares of the company’s stock worth $92,309,000 after acquiring an additional 1,970,997 shares during the last quarter. Ritholtz Wealth Management grew its stake in shares of Fidelity Total Bond ETF by 64.3% in the 2nd quarter. Ritholtz Wealth Management now owns 3,610,928 shares of the company’s stock worth $165,200,000 after acquiring an additional 1,412,766 shares in the last quarter. Dynasty Wealth Management LLC grew its stake in shares of Fidelity Total Bond ETF by 13.4% in the 3rd quarter. Dynasty Wealth Management LLC now owns 6,656,599 shares of the company’s stock worth $307,801,000 after acquiring an additional 786,693 shares in the last quarter. Finally, Sax Wealth Advisors LLC increased its stake in Fidelity Total Bond ETF by 41.4% in the 2nd quarter. Sax Wealth Advisors LLC now owns 2,644,754 shares of the company’s stock valued at $120,997,000 after buying an additional 774,471 shares during the last quarter.

Fidelity Total Bond ETF Stock Up 0.3%

Shares of NYSEARCA FBND opened at $46.08 on Thursday. The company has a market capitalization of $23.80 billion, a PE ratio of 8.94 and a beta of 0.28. The stock’s 50 day moving average price is $46.26 and its 200-day moving average price is $46.17. Fidelity Total Bond ETF has a twelve month low of $44.30 and a twelve month high of $46.86.

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.