Atria Investments Inc Raises Stake in Fidelity Total Bond ETF $FBND

Atria Investments Inc lifted its stake in Fidelity Total Bond ETF (NYSEARCA:FBND) by 9.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 230,049 shares of the company’s stock after purchasing an additional 20,337 shares during the period. Atria Investments Inc’s holdings in Fidelity Total Bond ETF were worth $10,591,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in FBND. Navalign LLC raised its stake in shares of Fidelity Total Bond ETF by 5.5% during the fourth quarter. Navalign LLC now owns 990,542 shares of the company’s stock valued at $45,605,000 after acquiring an additional 51,469 shares in the last quarter. Bridgewealth Advisory Group LLC grew its stake in Fidelity Total Bond ETF by 24.1% in the fourth quarter. Bridgewealth Advisory Group LLC now owns 519,059 shares of the company’s stock worth $23,897,000 after purchasing an additional 100,692 shares in the last quarter. Summit Wealth Group LLC Co. bought a new position in Fidelity Total Bond ETF in the fourth quarter worth approximately $531,000. Ameritas Advisory Services LLC increased its holdings in Fidelity Total Bond ETF by 136.2% during the 4th quarter. Ameritas Advisory Services LLC now owns 771,443 shares of the company’s stock worth $35,517,000 after purchasing an additional 444,855 shares during the period. Finally, World Investment Advisors increased its holdings in Fidelity Total Bond ETF by 17.1% during the 4th quarter. World Investment Advisors now owns 348,396 shares of the company’s stock worth $15,318,000 after purchasing an additional 50,819 shares during the period.

Fidelity Total Bond ETF Trading Down 0.0%

Shares of FBND stock opened at $45.50 on Friday. Fidelity Total Bond ETF has a twelve month low of $44.73 and a twelve month high of $46.86. The stock has a market capitalization of $25.49 billion, a price-to-earnings ratio of 8.94 and a beta of 0.28. The stock has a fifty day simple moving average of $45.80 and a two-hundred day simple moving average of $46.13.

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.