Fidelity Total Bond ETF $FBND Shares Bought by Insight Wealth Partners LLC

Insight Wealth Partners LLC boosted its holdings in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 6.4% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 208,317 shares of the company’s stock after buying an additional 12,548 shares during the quarter. Fidelity Total Bond ETF makes up approximately 1.2% of Insight Wealth Partners LLC’s holdings, making the stock its 6th largest holding. Insight Wealth Partners LLC’s holdings in Fidelity Total Bond ETF were worth $9,020,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Verdence Capital Advisors LLC raised its position in shares of Fidelity Total Bond ETF by 5.6% in the 3rd quarter. Verdence Capital Advisors LLC now owns 5,380 shares of the company’s stock valued at $233,000 after purchasing an additional 283 shares during the last quarter. Flagship Harbor Advisors LLC grew its position in Fidelity Total Bond ETF by 10.0% during the 3rd quarter. Flagship Harbor Advisors LLC now owns 115,653 shares of the company’s stock worth $5,008,000 after purchasing an additional 10,540 shares during the last quarter. Holos Integrated Wealth LLC grew its position in Fidelity Total Bond ETF by 9.6% during the 3rd quarter. Holos Integrated Wealth LLC now owns 279,327 shares of the company’s stock worth $12,201,000 after purchasing an additional 24,449 shares during the last quarter. Sigma Planning Corp purchased a new stake in Fidelity Total Bond ETF during the 3rd quarter worth approximately $7,443,000. Finally, Compass Ion Advisors LLC grew its position in Fidelity Total Bond ETF by 3.5% during the 3rd quarter. Compass Ion Advisors LLC now owns 841,373 shares of the company’s stock worth $36,431,000 after purchasing an additional 28,764 shares during the last quarter.

Fidelity Total Bond ETF Trading Up 0.1%

Shares of Fidelity Total Bond ETF stock opened at $44.10 on Tuesday. The firm’s 50 day simple moving average is $44.17 and its two-hundred day simple moving average is $45.32. The firm has a market capitalization of $28.43 billion, a price-to-earnings ratio of 8.94 and a beta of 0.28. Fidelity Total Bond ETF has a 12-month low of $43.11 and a 12-month high of $46.86.

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.