Mutual Advisors LLC Buys 5,173 Shares of Fidelity Total Bond ETF (NYSEARCA:FBND)

Mutual Advisors LLC raised its stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 15.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 39,150 shares of the company’s stock after acquiring an additional 5,173 shares during the period. Mutual Advisors LLC’s holdings in Fidelity Total Bond ETF were worth $1,759,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Mark Sheptoff Financial Planning LLC bought a new stake in shares of Fidelity Total Bond ETF during the 3rd quarter worth $25,000. Northwest Investment Counselors LLC bought a new stake in shares of Fidelity Total Bond ETF during the 3rd quarter worth $30,000. Highline Wealth Partners LLC bought a new stake in shares of Fidelity Total Bond ETF during the 3rd quarter worth $47,000. Darwin Wealth Management LLC bought a new stake in shares of Fidelity Total Bond ETF during the 3rd quarter worth $54,000. Finally, Wilmington Savings Fund Society FSB bought a new stake in shares of Fidelity Total Bond ETF during the 3rd quarter worth $87,000.

Fidelity Total Bond ETF Price Performance

NYSEARCA FBND opened at $45.01 on Friday. The stock has a market capitalization of $8.98 billion, a price-to-earnings ratio of 8.85 and a beta of 0.19. Fidelity Total Bond ETF has a one year low of $44.01 and a one year high of $47.30. The business’s fifty day moving average is $45.26 and its 200-day moving average is $45.84.

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.