Fidelity Total Bond ETF (NYSEARCA:FBND) Shares Purchased by Vicus Capital

Vicus Capital boosted its position in Fidelity Total Bond ETF (NYSEARCA:FBND) by 5.6% in the third quarter, Holdings Channel.com reports. The firm owned 713,533 shares of the company’s stock after acquiring an additional 37,746 shares during the quarter. Fidelity Total Bond ETF makes up about 2.9% of Vicus Capital’s holdings, making the stock its 8th largest position. Vicus Capital’s holdings in Fidelity Total Bond ETF were worth $33,351,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in FBND. Capital CS Group LLC increased its holdings in Fidelity Total Bond ETF by 5.1% in the second quarter. Capital CS Group LLC now owns 6,027 shares of the company’s stock valued at $271,000 after buying an additional 294 shares in the last quarter. Regatta Capital Group LLC increased its holdings in Fidelity Total Bond ETF by 2.3% in the third quarter. Regatta Capital Group LLC now owns 13,713 shares of the company’s stock valued at $641,000 after buying an additional 304 shares in the last quarter. Arkadios Wealth Advisors increased its holdings in Fidelity Total Bond ETF by 5.5% in the first quarter. Arkadios Wealth Advisors now owns 6,244 shares of the company’s stock valued at $283,000 after buying an additional 323 shares in the last quarter. CGN Advisors LLC increased its holdings in Fidelity Total Bond ETF by 3.0% in the first quarter. CGN Advisors LLC now owns 11,462 shares of the company’s stock valued at $519,000 after buying an additional 336 shares in the last quarter. Finally, Capital Planning LLC increased its stake in shares of Fidelity Total Bond ETF by 0.9% during the 2nd quarter. Capital Planning LLC now owns 45,501 shares of the company’s stock worth $2,053,000 after purchasing an additional 388 shares in the last quarter.

Fidelity Total Bond ETF Stock Performance

Shares of FBND remained flat at $45.83 during mid-day trading on Tuesday. 491,844 shares of the stock were exchanged, compared to its average volume of 1,337,775. The stock’s 50-day simple moving average is $46.59 and its 200-day simple moving average is $45.60. Fidelity Total Bond ETF has a fifty-two week low of $42.45 and a fifty-two week high of $47.30. The company has a market cap of $9.15 billion, a P/E ratio of 8.85 and a beta of 0.19.

Fidelity Total Bond ETF Company 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.