Opal Wealth Advisors LLC Buys 10,494 Shares of Fidelity Total Bond ETF (NYSEARCA:FBND)

Opal Wealth Advisors LLC raised its position in Fidelity Total Bond ETF (NYSEARCA:FBND) by 15.7% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 77,126 shares of the company’s stock after acquiring an additional 10,494 shares during the quarter. Fidelity Total Bond ETF makes up 1.0% of Opal Wealth Advisors LLC’s portfolio, making the stock its 17th biggest holding. Opal Wealth Advisors LLC’s holdings in Fidelity Total Bond ETF were worth $3,461,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. FMR LLC lifted its position in shares of Fidelity Total Bond ETF by 2.2% in the third quarter. FMR LLC now owns 12,604,148 shares of the company’s stock valued at $589,118,000 after acquiring an additional 267,811 shares in the last quarter. Country Trust Bank increased its position in shares of Fidelity Total Bond ETF by 0.5% during the 4th quarter. Country Trust Bank now owns 5,991,275 shares of the company’s stock valued at $268,829,000 after purchasing an additional 31,173 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in shares of Fidelity Total Bond ETF by 11.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 5,169,480 shares of the company’s stock worth $241,622,000 after purchasing an additional 520,113 shares during the period. RFG Advisory LLC increased its stake in Fidelity Total Bond ETF by 6.2% in the fourth quarter. RFG Advisory LLC now owns 4,293,510 shares of the company’s stock worth $192,650,000 after purchasing an additional 250,764 shares during the period. Finally, Mather Group LLC. boosted its holdings in shares of Fidelity Total Bond ETF by 3.0% in the fourth quarter. Mather Group LLC. now owns 3,651,935 shares of the company’s stock valued at $163,862,000 after purchasing an additional 106,953 shares during the period.

Fidelity Total Bond ETF Stock Down 0.4 %

Shares of FBND stock opened at $45.19 on Monday. The company’s 50 day moving average is $45.17 and its 200 day moving average is $45.82. Fidelity Total Bond ETF has a 52-week low of $44.01 and a 52-week high of $47.30. The firm has a market cap of $9.02 billion, a price-to-earnings ratio of 8.85 and a beta of 0.19.

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.