Fidelity Total Bond ETF (NYSEARCA:FBND) Shares Acquired by Curtis Advisory Group LLC

Curtis Advisory Group LLC raised its stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 131.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 23,065 shares of the company’s stock after purchasing an additional 13,100 shares during the quarter. Curtis Advisory Group LLC’s holdings in Fidelity Total Bond ETF were worth $1,035,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of FBND. International Assets Investment Management LLC increased its stake in Fidelity Total Bond ETF by 9,729.1% during the 3rd quarter. International Assets Investment Management LLC now owns 231,770 shares of the company’s stock valued at $108,330,000 after purchasing an additional 229,412 shares in the last quarter. Grimes & Company Inc. acquired a new position in Fidelity Total Bond ETF during the 3rd quarter valued at approximately $220,000. Mayfair Advisory Group LLC boosted its holdings in shares of Fidelity Total Bond ETF by 7.1% in the 3rd quarter. Mayfair Advisory Group LLC now owns 181,699 shares of the company’s stock valued at $8,409,000 after acquiring an additional 12,055 shares during the last quarter. BKM Wealth Management LLC purchased a new stake in shares of Fidelity Total Bond ETF in the 3rd quarter valued at $216,000. Finally, Arkadios Wealth Advisors boosted its holdings in shares of Fidelity Total Bond ETF by 254.2% in the 3rd quarter. Arkadios Wealth Advisors now owns 28,113 shares of the company’s stock valued at $1,314,000 after acquiring an additional 20,177 shares during the last quarter.

Fidelity Total Bond ETF Price Performance

FBND stock opened at $45.45 on Friday. The firm’s fifty day simple moving average is $45.04 and its 200-day simple moving average is $45.78. The company has a market capitalization of $9.07 billion, a P/E ratio of 8.85 and a beta of 0.19. Fidelity Total Bond ETF has a 12 month low of $44.01 and a 12 month 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.