Nicolet Advisory Services LLC Has $27.31 Million Holdings in Fidelity Total Bond ETF $FBND

Nicolet Advisory Services LLC grew its stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 5.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 591,999 shares of the company’s stock after acquiring an additional 32,356 shares during the period. Fidelity Total Bond ETF accounts for 1.8% of Nicolet Advisory Services LLC’s holdings, making the stock its 11th largest position. Nicolet Advisory Services LLC owned about 0.11% of Fidelity Total Bond ETF worth $27,309,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently bought and sold shares of the company. Cerity Partners LLC raised its position in shares of Fidelity Total Bond ETF by 400.5% in the second quarter. Cerity Partners LLC now owns 40,079 shares of the company’s stock valued at $1,834,000 after buying an additional 32,071 shares in the last quarter. Betterment LLC raised its position in shares of Fidelity Total Bond ETF by 2.7% in the second quarter. Betterment LLC now owns 97,501 shares of the company’s stock valued at $4,461,000 after buying an additional 2,597 shares in the last quarter. Darwin Wealth Management LLC acquired a new stake in shares of Fidelity Total Bond ETF in the second quarter valued at approximately $49,000. Graney & King LLC raised its position in shares of Fidelity Total Bond ETF by 7.3% in the second quarter. Graney & King LLC now owns 50,169 shares of the company’s stock valued at $2,295,000 after buying an additional 3,402 shares in the last quarter. Finally, Ameriprise Financial Inc. raised its position in shares of Fidelity Total Bond ETF by 40.9% in the second quarter. Ameriprise Financial Inc. now owns 6,626 shares of the company’s stock valued at $303,000 after buying an additional 1,924 shares in the last quarter.

Fidelity Total Bond ETF Trading Down 0.1%

NYSEARCA FBND opened at $45.53 on Friday. Fidelity Total Bond ETF has a 1-year low of $44.82 and a 1-year high of $46.86. The company has a 50 day moving average of $45.62 and a 200-day moving average of $45.98. The company has a market cap of $25.51 billion, a price-to-earnings ratio of 8.94 and a beta of 0.27.

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.