Primoris Wealth Advisors LLC Buys 1,685 Shares of Fidelity Total Bond ETF (NYSEARCA:FBND)

Primoris Wealth Advisors LLC increased its stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 1.2% during the 3rd quarter, Holdings Channel reports. The fund owned 141,668 shares of the company’s stock after acquiring an additional 1,685 shares during the period. Fidelity Total Bond ETF comprises approximately 4.8% of Primoris Wealth Advisors LLC’s investment portfolio, making the stock its largest position. Primoris Wealth Advisors LLC’s holdings in Fidelity Total Bond ETF were worth $6,622,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently made changes to their positions in the company. SilverOak Wealth Management LLC lifted its holdings in Fidelity Total Bond ETF by 16.3% during the third quarter. SilverOak Wealth Management LLC now owns 68,359 shares of the company’s stock worth $3,195,000 after acquiring an additional 9,556 shares during the period. Beta Wealth Group Inc. grew its stake in shares of Fidelity Total Bond ETF by 9.6% during the 3rd quarter. Beta Wealth Group Inc. now owns 472,090 shares of the company’s stock worth $22,065,000 after acquiring an additional 41,478 shares during the period. Crumly & Associates Inc. lifted its holdings in Fidelity Total Bond ETF by 63.3% during the third quarter. Crumly & Associates Inc. now owns 108,122 shares of the company’s stock valued at $5,054,000 after purchasing an additional 41,898 shares during the last quarter. Galvin Gaustad & Stein LLC boosted its position in Fidelity Total Bond ETF by 13.9% during the third quarter. Galvin Gaustad & Stein LLC now owns 48,093 shares of the company’s stock worth $2,248,000 after purchasing an additional 5,887 shares during the period. Finally, ABLE Financial Group LLC increased its stake in shares of Fidelity Total Bond ETF by 206.2% in the third quarter. ABLE Financial Group LLC now owns 206,136 shares of the company’s stock worth $9,635,000 after purchasing an additional 138,821 shares in the last quarter.

Fidelity Total Bond ETF Trading Up 0.2 %

Shares of FBND stock traded up $0.08 during trading on Friday, reaching $45.69. 2,148,405 shares of the company’s stock traded hands, compared to its average volume of 1,663,174. The firm’s 50-day moving average is $46.34 and its 200 day moving average is $45.70. The company has a market capitalization of $9.12 billion, a P/E ratio of 8.85 and a beta of 0.19. Fidelity Total Bond ETF has a 1 year low of $43.34 and a 1 year high of $47.30.

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.