Fidelity Total Bond ETF $FBND Shares Acquired by New Insight Wealth Advisors

New Insight Wealth Advisors boosted its position in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 8.0% in the third quarter, Holdings Channel reports. The fund owned 367,003 shares of the company’s stock after acquiring an additional 27,335 shares during the period. Fidelity Total Bond ETF accounts for 6.4% of New Insight Wealth Advisors’ investment portfolio, making the stock its 2nd biggest holding. New Insight Wealth Advisors’ holdings in Fidelity Total Bond ETF were worth $16,970,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also made changes to their positions in FBND. Fifth Third Bancorp acquired a new stake in shares of Fidelity Total Bond ETF in the second quarter worth $27,000. Caldwell Trust Co bought a new stake in shares of Fidelity Total Bond ETF during the second quarter valued at approximately $34,000. Maryland Capital Advisors Inc. raised its stake in shares of Fidelity Total Bond ETF by 378.5% in the third quarter. Maryland Capital Advisors Inc. now owns 823 shares of the company’s stock valued at $38,000 after purchasing an additional 651 shares in the last quarter. Brown Lisle Cummings Inc. acquired a new position in shares of Fidelity Total Bond ETF in the second quarter valued at $38,000. Finally, Darwin Wealth Management LLC bought a new position in shares of Fidelity Total Bond ETF during the 2nd quarter worth about $49,000.

Fidelity Total Bond ETF Trading Down 0.2%

Shares of FBND opened at $46.11 on Friday. The stock has a market cap of $23.81 billion, a PE ratio of 8.94 and a beta of 0.28. Fidelity Total Bond ETF has a 1 year low of $44.30 and a 1 year high of $46.86. The stock has a 50 day simple moving average of $46.28 and a 200-day simple moving average of $46.16.

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.