Apella Capital LLC Increases Holdings in Fidelity Total Bond ETF $FBND

Apella Capital LLC raised its position in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 25.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 341,964 shares of the company’s stock after purchasing an additional 68,712 shares during the period. Apella Capital LLC’s holdings in Fidelity Total Bond ETF were worth $14,814,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Signature Equity Partners LLC boosted its stake in Fidelity Total Bond ETF by 5.4% during the first quarter. Signature Equity Partners LLC now owns 4,739 shares of the company’s stock valued at $216,000 after buying an additional 244 shares during the period. Insight Advisors LLC PA increased its stake in Fidelity Total Bond ETF by 1.6% in the 1st quarter. Insight Advisors LLC PA now owns 17,988 shares of the company’s stock worth $821,000 after acquiring an additional 291 shares during the last quarter. Archer Investment Corp increased its stake in Fidelity Total Bond ETF by 17.2% in the 1st quarter. Archer Investment Corp now owns 2,216 shares of the company’s stock worth $101,000 after acquiring an additional 325 shares during the last quarter. Breakwater Capital Group raised its holdings in shares of Fidelity Total Bond ETF by 3.4% in the 2nd quarter. Breakwater Capital Group now owns 9,876 shares of the company’s stock valued at $449,000 after acquiring an additional 327 shares in the last quarter. Finally, CGN Advisors LLC raised its holdings in shares of Fidelity Total Bond ETF by 1.9% in the 2nd quarter. CGN Advisors LLC now owns 18,717 shares of the company’s stock valued at $851,000 after acquiring an additional 342 shares in the last quarter.

Fidelity Total Bond ETF Trading Up 0.2%

Shares of FBND traded up $0.09 during trading hours on Thursday, reaching $43.41. 2,201,300 shares of the company’s stock traded hands, compared to its average volume of 3,119,791. Fidelity Total Bond ETF has a 12 month low of $43.11 and a 12 month high of $46.86. The stock has a market cap of $27.98 billion, a PE ratio of 8.94 and a beta of 0.28. The firm’s 50 day simple moving average is $44.46 and its 200-day simple moving average is $45.15.

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.