Gladstone Institutional Advisory LLC Purchases 6,036 Shares of Fidelity Total Bond ETF (NYSEARCA:FBND)

Gladstone Institutional Advisory LLC lifted its stake in Fidelity Total Bond ETF (NYSEARCA:FBND) by 10.9% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 61,554 shares of the company’s stock after buying an additional 6,036 shares during the period. Gladstone Institutional Advisory LLC’s holdings in Fidelity Total Bond ETF were worth $2,877,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of the stock. Peterson Wealth Advisors LLC increased its holdings in shares of Fidelity Total Bond ETF by 0.8% in the third quarter. Peterson Wealth Advisors LLC now owns 31,396 shares of the company’s stock worth $1,467,000 after buying an additional 246 shares during the period. Capital CS Group LLC increased its holdings in shares of Fidelity Total Bond ETF by 5.1% in the second 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 period. Regatta Capital Group LLC increased its holdings in shares of Fidelity Total Bond ETF by 2.3% in the third quarter. Regatta Capital Group LLC now owns 13,713 shares of the company’s stock worth $641,000 after buying an additional 304 shares during the period. Capital Planning LLC increased its holdings in shares of Fidelity Total Bond ETF by 0.9% in the second quarter. Capital Planning LLC now owns 45,501 shares of the company’s stock worth $2,053,000 after buying an additional 388 shares during the period. Finally, FinTrust Capital Advisors LLC increased its holdings in shares of Fidelity Total Bond ETF by 7.5% in the first quarter. FinTrust Capital Advisors LLC now owns 5,675 shares of the company’s stock worth $257,000 after buying an additional 394 shares during the period.

Fidelity Total Bond ETF Trading Down 0.3 %

FBND opened at $45.37 on Friday. The company has a market cap of $9.05 billion, a P/E ratio of 8.85 and a beta of 0.19. The business’s 50-day moving average price is $46.44 and its 200-day moving average price is $45.65. Fidelity Total Bond ETF has a 12 month low of $43.28 and a 12 month high of $47.30.

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.