Fidelity Total Bond ETF $FBND Shares Purchased by Rise Advisors LLC

Rise Advisors LLC boosted its stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 73.8% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 573,804 shares of the company’s stock after buying an additional 243,656 shares during the period. Fidelity Total Bond ETF accounts for 7.3% of Rise Advisors LLC’s investment portfolio, making the stock its 5th largest position. Rise Advisors LLC owned 0.10% of Fidelity Total Bond ETF worth $26,102,000 as of its most recent filing with the SEC.

Other large investors also recently added to or reduced their stakes in the company. Capital Wealth Management LLC boosted its stake in Fidelity Total Bond ETF by 9.3% during the first quarter. Capital Wealth Management LLC now owns 625,513 shares of the company’s stock worth $28,536,000 after buying an additional 53,398 shares during the period. Cornerstone Wealth Group LLC boosted its position in shares of Fidelity Total Bond ETF by 5.8% during the 4th quarter. Cornerstone Wealth Group LLC now owns 330,234 shares of the company’s stock worth $15,204,000 after purchasing an additional 18,123 shares during the period. Juno Financial Group LLC acquired a new stake in Fidelity Total Bond ETF in the 4th quarter valued at approximately $18,667,000. Forbes Financial Planning Inc. increased its holdings in Fidelity Total Bond ETF by 12.4% in the 4th quarter. Forbes Financial Planning Inc. now owns 361,739 shares of the company’s stock valued at $16,655,000 after purchasing an additional 39,856 shares during the last quarter. Finally, Summit Financial Strategies Inc. raised its position in Fidelity Total Bond ETF by 4.3% in the fourth quarter. Summit Financial Strategies Inc. now owns 2,090,807 shares of the company’s stock valued at $96,261,000 after purchasing an additional 85,577 shares during the period.

Fidelity Total Bond ETF Stock Up 0.1%

FBND opened at $44.89 on Wednesday. Fidelity Total Bond ETF has a 52 week low of $44.65 and a 52 week high of $46.86. The business has a fifty day simple moving average of $45.28 and a 200-day simple moving average of $45.69. The firm has a market cap of $27.19 billion, a P/E ratio of 8.94 and a beta of 0.27.

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.