Crane Advisory LLC Makes New Investment in Fidelity Total Bond ETF (NYSEARCA:FBND)

Crane Advisory LLC acquired a new position in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 1,090,108 shares of the company’s stock, valued at approximately $50,363,000. Fidelity Total Bond ETF comprises about 9.1% of Crane Advisory LLC’s holdings, making the stock its 4th biggest holding. Crane Advisory LLC owned about 0.55% of Fidelity Total Bond ETF at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the stock. Capital CS Group LLC lifted its position in shares of Fidelity Total Bond ETF by 5.1% during the 2nd quarter. Capital CS Group LLC now owns 6,027 shares of the company’s stock worth $271,000 after buying an additional 294 shares during the last quarter. Regatta Capital Group LLC raised its position in Fidelity Total Bond ETF by 2.3% in the 3rd quarter. Regatta Capital Group LLC now owns 13,713 shares of the company’s stock valued at $641,000 after purchasing an additional 304 shares during the last quarter. Arkadios Wealth Advisors raised its position in Fidelity Total Bond ETF by 5.5% in the 1st quarter. Arkadios Wealth Advisors now owns 6,244 shares of the company’s stock valued at $283,000 after purchasing an additional 323 shares during the last quarter. CGN Advisors LLC raised its position in Fidelity Total Bond ETF by 3.0% in the 1st quarter. CGN Advisors LLC now owns 11,462 shares of the company’s stock valued at $519,000 after purchasing an additional 336 shares during the last quarter. Finally, Capital Planning LLC raised its position in Fidelity Total Bond ETF by 0.9% in the 2nd quarter. Capital Planning LLC now owns 45,501 shares of the company’s stock valued at $2,053,000 after purchasing an additional 388 shares during the last quarter.

Fidelity Total Bond ETF Price Performance

FBND stock opened at $46.24 on Wednesday. The company has a fifty day moving average price of $46.59 and a 200 day moving average price of $45.57. Fidelity Total Bond ETF has a 12 month low of $42.45 and a 12 month high of $47.30. The company has a market cap of $9.23 billion, a price-to-earnings ratio of 8.85 and a beta of 0.19.

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.