Koshinski Asset Management Inc. Has $850,000 Stock Holdings in Fidelity Total Bond ETF (NYSEARCA:FBND)

Koshinski Asset Management Inc. lessened its holdings in Fidelity Total Bond ETF (NYSEARCA:FBND) by 1.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 18,955 shares of the company’s stock after selling 270 shares during the quarter. Koshinski Asset Management Inc.’s holdings in Fidelity Total Bond ETF were worth $850,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in FBND. Rockefeller Capital Management L.P. grew its position in shares of Fidelity Total Bond ETF by 3.1% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 39,999 shares of the company’s stock valued at $1,869,000 after purchasing an additional 1,188 shares during the period. Marshall Financial Group LLC acquired a new position in shares of Fidelity Total Bond ETF during the 3rd quarter worth about $843,000. Arete Wealth Advisors LLC raised its stake in Fidelity Total Bond ETF by 78.3% in the third quarter. Arete Wealth Advisors LLC now owns 448,065 shares of the company’s stock valued at $20,923,000 after buying an additional 196,783 shares during the period. Cetera Investment Advisers raised its position in shares of Fidelity Total Bond ETF by 31.7% in the second quarter. Cetera Investment Advisers now owns 1,591,785 shares of the company’s stock valued at $71,519,000 after purchasing an additional 383,302 shares during the period. Finally, JPMorgan Chase & Co. lifted its position in Fidelity Total Bond ETF by 11.2% during the third quarter. JPMorgan Chase & Co. now owns 5,169,480 shares of the company’s stock worth $241,622,000 after acquiring an additional 520,113 shares during the last quarter.

Fidelity Total Bond ETF Stock Performance

FBND stock opened at $45.08 on Wednesday. The company has a market capitalization of $9.00 billion, a PE ratio of 8.85 and a beta of 0.19. Fidelity Total Bond ETF has a 52 week low of $44.01 and a 52 week high of $47.30. The company’s 50-day simple moving average is $45.28 and its 200 day simple moving average is $45.86.

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.