15,798 Shares in Fidelity Total Bond ETF $FBND Bought by Provenance Wealth Advisors LLC

Provenance Wealth Advisors LLC purchased a new position in Fidelity Total Bond ETF (NYSEARCA:FBND) in the third quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 15,798 shares of the company’s stock, valued at approximately $684,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. RCW Management LLC raised its holdings in Fidelity Total Bond ETF by 20.3% during the third quarter. RCW Management LLC now owns 22,590 shares of the company’s stock worth $978,000 after purchasing an additional 3,816 shares in the last quarter. Next Level Wealth Planning LLC boosted its stake in Fidelity Total Bond ETF by 21.6% during the 3rd quarter. Next Level Wealth Planning LLC now owns 52,060 shares of the company’s stock valued at $2,254,000 after purchasing an additional 9,263 shares in the last quarter. Summit Wealth Group LLC Co. boosted its stake in Fidelity Total Bond ETF by 1,023.8% during the 3rd quarter. Summit Wealth Group LLC Co. now owns 269,482 shares of the company’s stock valued at $11,669,000 after purchasing an additional 245,503 shares in the last quarter. Kuhn & Co Investment Counsel boosted its stake in Fidelity Total Bond ETF by 5.3% during the 3rd quarter. Kuhn & Co Investment Counsel now owns 53,607 shares of the company’s stock valued at $2,321,000 after purchasing an additional 2,683 shares in the last quarter. Finally, Capital CS Group LLC increased its position in shares of Fidelity Total Bond ETF by 18.8% during the 3rd quarter. Capital CS Group LLC now owns 5,781 shares of the company’s stock valued at $250,000 after purchasing an additional 915 shares during the period.

Fidelity Total Bond ETF Stock Performance

Shares of FBND stock opened at $44.29 on Thursday. 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 is $44.04 and its 200-day moving average is $45.24. The stock has a market cap of $28.55 billion, a PE ratio of 8.94 and a beta of 0.28.

Fidelity Total Bond ETF 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.