Fidelity Total Bond ETF $FBND Shares Acquired by Vicus Capital

Vicus Capital increased its holdings in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 4.7% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 767,829 shares of the company’s stock after buying an additional 34,625 shares during the quarter. Fidelity Total Bond ETF accounts for approximately 2.6% of Vicus Capital’s holdings, making the stock its 9th biggest position. Vicus Capital’s holdings in Fidelity Total Bond ETF were worth $35,028,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Root Financial Partners LLC acquired a new stake in Fidelity Total Bond ETF during the 4th quarter worth about $25,000. GHP Investment Advisors Inc. acquired a new position in shares of Fidelity Total Bond ETF in the 1st quarter valued at about $25,000. Rialto Wealth Management LLC acquired a new position in shares of Fidelity Total Bond ETF in the 4th quarter valued at about $32,000. Clearstead Advisors LLC purchased a new stake in shares of Fidelity Total Bond ETF in the third quarter worth approximately $36,000. Finally, Tucker Asset Management LLC acquired a new stake in shares of Fidelity Total Bond ETF during the fourth quarter worth approximately $37,000.

Fidelity Total Bond ETF Stock Performance

FBND stock opened at $45.82 on Monday. The firm has a 50 day simple moving average of $45.58 and a 200 day simple moving average of $45.92. Fidelity Total Bond ETF has a 52 week low of $44.82 and a 52 week high of $46.86. The stock has a market cap of $25.67 billion, a P/E ratio of 8.94 and a beta of 0.27.

About Fidelity Total Bond ETF

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.