Fidelity Total Bond ETF $FBND Shares Purchased by SilverOak Wealth Management LLC

SilverOak Wealth Management LLC grew its stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 172.1% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 593,143 shares of the company’s stock after purchasing an additional 375,144 shares during the quarter. Fidelity Total Bond ETF comprises about 3.1% of SilverOak Wealth Management LLC’s portfolio, making the stock its 9th biggest holding. SilverOak Wealth Management LLC owned about 0.09% of Fidelity Total Bond ETF worth $25,683,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Signature Equity Partners LLC raised its position in Fidelity Total Bond ETF by 5.4% during the first quarter. Signature Equity Partners LLC now owns 4,739 shares of the company’s stock worth $216,000 after acquiring an additional 244 shares in the last quarter. LCW Services LLC raised its holdings in shares of Fidelity Total Bond ETF by 3.1% in the 3rd quarter. LCW Services LLC now owns 8,913 shares of the company’s stock valued at $386,000 after purchasing an additional 272 shares during the period. Verdence Capital Advisors LLC raised its holdings 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 period. Insight Advisors LLC PA lifted its stake in Fidelity Total Bond ETF by 1.6% in the 1st quarter. Insight Advisors LLC PA now owns 17,988 shares of the company’s stock valued at $821,000 after purchasing an additional 291 shares during the last quarter. Finally, Archer Investment Corp lifted its stake in Fidelity Total Bond ETF by 17.2% in the 1st quarter. Archer Investment Corp now owns 2,216 shares of the company’s stock valued at $101,000 after purchasing an additional 325 shares during the last quarter.

Fidelity Total Bond ETF Stock Performance

Fidelity Total Bond ETF stock opened at $44.16 on Monday. Fidelity Total Bond ETF has a 52 week low of $43.11 and a 52 week high of $46.78. The stock has a market capitalization of $28.47 billion, a P/E ratio of 8.94 and a beta of 0.28. The stock has a 50-day simple moving average of $44.09 and a 200 day simple moving average of $45.27.

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.