Fidelity Total Bond ETF $FBND is Ameritas Advisory Services LLC’s 10th Largest Position

Ameritas Advisory Services LLC boosted its holdings in Fidelity Total Bond ETF (NYSEARCA:FBND) by 136.2% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 771,443 shares of the company’s stock after purchasing an additional 444,855 shares during the period. Fidelity Total Bond ETF comprises 1.3% of Ameritas Advisory Services LLC’s portfolio, making the stock its 10th largest position. Ameritas Advisory Services LLC’s holdings in Fidelity Total Bond ETF were worth $35,517,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. World Investment Advisors boosted its holdings in Fidelity Total Bond ETF by 17.1% in the fourth quarter. World Investment Advisors now owns 348,396 shares of the company’s stock valued at $15,318,000 after purchasing an additional 50,819 shares during the last quarter. Buttonwood Financial Advisors Inc. boosted its holdings in Fidelity Total Bond ETF by 1.6% in the fourth quarter. Buttonwood Financial Advisors Inc. now owns 382,965 shares of the company’s stock valued at $17,632,000 after purchasing an additional 5,950 shares during the last quarter. Investment Advisory Services Group LLC purchased a new position in Fidelity Total Bond ETF in the fourth quarter valued at about $19,476,000. Valley Wealth Managers Inc. boosted its holdings in Fidelity Total Bond ETF by 149.5% in the fourth quarter. Valley Wealth Managers Inc. now owns 62,724 shares of the company’s stock valued at $2,888,000 after purchasing an additional 37,588 shares during the last quarter. Finally, Money Concepts Capital Corp boosted its holdings in Fidelity Total Bond ETF by 168.6% in the fourth quarter. Money Concepts Capital Corp now owns 13,795 shares of the company’s stock valued at $635,000 after purchasing an additional 8,660 shares during the last quarter.

Fidelity Total Bond ETF Stock Performance

Shares of FBND opened at $45.51 on Wednesday. The company has a market capitalization of $25.50 billion, a P/E ratio of 8.94 and a beta of 0.28. Fidelity Total Bond ETF has a one year low of $44.73 and a one year high of $46.86. The stock has a 50-day moving average price of $45.83 and a 200 day moving average price of $46.14.

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.