37,251 Shares in Fidelity Total Bond ETF $FBND Purchased by Gaddis Premier Wealth Advisors LLC

Gaddis Premier Wealth Advisors LLC purchased a new position in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 37,251 shares of the company’s stock, valued at approximately $1,715,000. Fidelity Total Bond ETF comprises approximately 1.3% of Gaddis Premier Wealth Advisors LLC’s holdings, making the stock its 15th biggest position.

Other hedge funds have also recently added to or reduced their stakes in the company. Root Financial Partners LLC acquired a new stake in Fidelity Total Bond ETF in the fourth quarter valued at about $25,000. Rialto Wealth Management LLC acquired a new stake in Fidelity Total Bond ETF in the fourth quarter valued at about $32,000. Clearstead Advisors LLC acquired a new stake in Fidelity Total Bond ETF in the third quarter valued at about $36,000. Tucker Asset Management LLC acquired a new stake in Fidelity Total Bond ETF in the fourth quarter valued at about $37,000. Finally, Fifth Third Bancorp lifted its position in Fidelity Total Bond ETF by 78.0% in the third quarter. Fifth Third Bancorp now owns 1,068 shares of the company’s stock valued at $49,000 after purchasing an additional 468 shares during the period.

Fidelity Total Bond ETF Stock Down 0.1%

Shares of NYSEARCA:FBND opened at $45.26 on Tuesday. The company has a market cap of $25.36 billion, a P/E ratio of 8.94 and a beta of 0.27. Fidelity Total Bond ETF has a 52 week low of $44.82 and a 52 week high of $46.86. The company has a 50-day moving average price of $45.62 and a 200 day moving average price of $46.00.

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.