Chesley Taft & Associates LLC Purchases 5,100 Shares of Fidelity Total Bond ETF $FBND

Chesley Taft & Associates LLC raised its position in Fidelity Total Bond ETF (NYSEARCA:FBND) by 6.0% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 89,400 shares of the company’s stock after purchasing an additional 5,100 shares during the quarter. Chesley Taft & Associates LLC’s holdings in Fidelity Total Bond ETF were worth $4,090,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of the company. Cerity Partners LLC raised its position in Fidelity Total Bond ETF by 27.5% in the 1st quarter. Cerity Partners LLC now owns 8,008 shares of the company’s stock valued at $366,000 after buying an additional 1,729 shares during the last quarter. Park Avenue Securities LLC grew its stake in shares of Fidelity Total Bond ETF by 69.2% during the 1st quarter. Park Avenue Securities LLC now owns 22,559 shares of the company’s stock worth $1,030,000 after acquiring an additional 9,225 shares in the last quarter. Envestnet Portfolio Solutions Inc. raised its holdings in shares of Fidelity Total Bond ETF by 1.1% in the first quarter. Envestnet Portfolio Solutions Inc. now owns 208,265 shares of the company’s stock valued at $9,507,000 after purchasing an additional 2,203 shares during the last quarter. Advisor OS LLC lifted its position in shares of Fidelity Total Bond ETF by 3.2% in the first quarter. Advisor OS LLC now owns 301,618 shares of the company’s stock worth $13,769,000 after purchasing an additional 9,288 shares in the last quarter. Finally, Insight Wealth Strategies LLC lifted its position in shares of Fidelity Total Bond ETF by 5.6% in the first quarter. Insight Wealth Strategies LLC now owns 17,236 shares of the company’s stock worth $787,000 after purchasing an additional 919 shares in the last quarter.

Fidelity Total Bond ETF Trading Up 0.1%

Fidelity Total Bond ETF stock opened at $46.63 on Wednesday. Fidelity Total Bond ETF has a 1-year low of $44.30 and a 1-year high of $47.30. The company has a fifty day simple moving average of $45.86 and a 200 day simple moving average of $45.53. The company has a market cap of $20.16 billion, a P/E ratio of 8.94 and a beta of 0.17.

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.