Fidelity Total Bond ETF $FBND Stock: D.A. Davidson & CO. Raises Holdings

D.A. Davidson & CO. raised its stake in Fidelity Total Bond ETF (NYSEARCA:FBND) by 6.4% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 421,228 shares of the company’s stock after acquiring an additional 25,358 shares during the period. D.A. Davidson & CO.’s holdings in Fidelity Total Bond ETF were worth $18,239,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in FBND. Community Financial Services Group LLC acquired a new stake in shares of Fidelity Total Bond ETF during the 2nd quarter worth approximately $32,000. Maryland Capital Advisors Inc. bought a new stake in shares of Fidelity Total Bond ETF in the 2nd quarter worth approximately $37,000. Manning & Napier Advisors LLC acquired a new position in Fidelity Total Bond ETF during the 1st quarter valued at approximately $53,000. Sound Income Strategies LLC grew its stake in Fidelity Total Bond ETF by 180.6% during the 1st quarter. Sound Income Strategies LLC now owns 1,316 shares of the company’s stock worth $60,000 after buying an additional 847 shares during the last quarter. Finally, Mosley Wealth Management bought a new position in Fidelity Total Bond ETF during the 3rd quarter worth $64,000.

Fidelity Total Bond ETF Price Performance

Shares of NYSEARCA FBND opened at $44.04 on Friday. Fidelity Total Bond ETF has a 1-year low of $43.11 and a 1-year high of $46.78. The business’s fifty day moving average price is $44.10 and its two-hundred day moving average price is $45.28. The firm has a market capitalization of $28.39 billion, a PE ratio of 8.94 and a beta of 0.28.

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.