Cetera Investment Advisers Boosts Position in Fidelity Total Bond ETF $FBND

Cetera Investment Advisers grew its holdings in Fidelity Total Bond ETF (NYSEARCA:FBND) by 15.9% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 6,801,133 shares of the company’s stock after acquiring an additional 930,834 shares during the period. Cetera Investment Advisers owned about 1.21% of Fidelity Total Bond ETF worth $310,268,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in FBND. Sunburst Financial Group LLC boosted its stake in shares of Fidelity Total Bond ETF by 2.6% in the fourth quarter. Sunburst Financial Group LLC now owns 1,110,436 shares of the company’s stock worth $51,124,000 after buying an additional 28,089 shares during the last quarter. OLIO Financial Planning raised its position in Fidelity Total Bond ETF by 5.8% during the fourth quarter. OLIO Financial Planning now owns 975,741 shares of the company’s stock valued at $44,923,000 after acquiring an additional 53,318 shares in the last quarter. Apollon Financial LLC purchased a new position in Fidelity Total Bond ETF during the fourth quarter valued at approximately $750,000. Capital Wealth Management LLC lifted its holdings in Fidelity Total Bond ETF by 9.3% in the first quarter. Capital Wealth Management LLC now owns 625,513 shares of the company’s stock valued at $28,536,000 after acquiring an additional 53,398 shares during the period. Finally, Cornerstone Wealth Group LLC lifted its holdings in Fidelity Total Bond ETF by 5.8% in the fourth quarter. Cornerstone Wealth Group LLC now owns 330,234 shares of the company’s stock valued at $15,204,000 after acquiring an additional 18,123 shares during the period.

Fidelity Total Bond ETF Trading Down 0.2%

Fidelity Total Bond ETF stock opened at $45.02 on Thursday. The firm has a market cap of $26.97 billion, a PE ratio of 8.94 and a beta of 0.27. Fidelity Total Bond ETF has a 12 month low of $44.82 and a 12 month high of $46.86. The stock’s 50 day simple moving average is $45.41 and its two-hundred day simple moving average is $45.80.

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.