Fidelity Total Bond ETF $FBND Shares Purchased by PCA Investment Advisory Services Inc.

PCA Investment Advisory Services Inc. raised its stake in Fidelity Total Bond ETF (NYSEARCA:FBND) by 9.2% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 475,887 shares of the company’s stock after buying an additional 39,933 shares during the quarter. Fidelity Total Bond ETF comprises approximately 5.6% of PCA Investment Advisory Services Inc.’s investment portfolio, making the stock its 5th biggest holding. PCA Investment Advisory Services Inc.’s holdings in Fidelity Total Bond ETF were worth $20,606,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Sax Wealth Advisors LLC increased its position in shares of Fidelity Total Bond ETF by 49.8% during the third quarter. Sax Wealth Advisors LLC now owns 6,727,943 shares of the company’s stock worth $291,320,000 after acquiring an additional 2,236,473 shares in the last quarter. Midwest Financial Network LLC raised its holdings in shares of Fidelity Total Bond ETF by 181.5% during the third quarter. Midwest Financial Network LLC now owns 65,937 shares of the company’s stock worth $2,855,000 after acquiring an additional 42,512 shares during the period. Scott Capital Advisors LLC lifted its position in Fidelity Total Bond ETF by 11.3% in the 3rd quarter. Scott Capital Advisors LLC now owns 804,410 shares of the company’s stock valued at $34,847,000 after acquiring an additional 81,461 shares in the last quarter. Kearns & Associates LLC lifted its position in Fidelity Total Bond ETF by 90.1% in the 3rd quarter. Kearns & Associates LLC now owns 68,035 shares of the company’s stock valued at $2,946,000 after acquiring an additional 32,250 shares in the last quarter. Finally, Valley Wealth Managers Inc. lifted its position in Fidelity Total Bond ETF by 93.8% in the 3rd quarter. Valley Wealth Managers Inc. now owns 145,662 shares of the company’s stock valued at $6,307,000 after acquiring an additional 70,493 shares in the last quarter.

Fidelity Total Bond ETF Stock Performance

NYSEARCA FBND traded up $0.04 on Tuesday, reaching $43.51. The company had a trading volume of 1,572,088 shares, compared to its average volume of 3,141,064. The firm has a market capitalization of $28.05 billion, a price-to-earnings ratio of 8.94 and a beta of 0.28. Fidelity Total Bond ETF has a 1-year low of $43.11 and a 1-year high of $46.86. The company’s fifty day moving average is $44.38 and its 200-day moving average is $45.10.

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.