Fidelity Total Bond ETF $FBND Stake Raised by Opal Wealth Advisors LLC

Opal Wealth Advisors LLC increased its holdings in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 13.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 130,941 shares of the company’s stock after buying an additional 15,832 shares during the period. Fidelity Total Bond ETF accounts for about 1.2% of Opal Wealth Advisors LLC’s investment portfolio, making the stock its 14th biggest holding. Opal Wealth Advisors LLC’s holdings in Fidelity Total Bond ETF were worth $5,670,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the business. Steph & Co. grew its holdings in Fidelity Total Bond ETF by 27.3% during the 3rd quarter. Steph & Co. now owns 316,767 shares of the company’s stock worth $13,716,000 after acquiring an additional 67,854 shares during the period. Capital Wealth Management LLC lifted its stake in shares of Fidelity Total Bond ETF by 9.3% in the 1st quarter. Capital Wealth Management LLC now owns 625,513 shares of the company’s stock valued at $28,536,000 after purchasing an additional 53,398 shares during the period. Barry Investment Advisors LLC lifted its stake in shares of Fidelity Total Bond ETF by 22.6% in the 1st quarter. Barry Investment Advisors LLC now owns 128,125 shares of the company’s stock valued at $5,868,000 after purchasing an additional 23,595 shares during the period. Corient Private Wealth LP lifted its stake in shares of Fidelity Total Bond ETF by 5.4% in the 2nd quarter. Corient Private Wealth LP now owns 1,808,251 shares of the company’s stock valued at $82,259,000 after purchasing an additional 92,976 shares during the period. Finally, Waterway Wealth Management LLC boosted its position in shares of Fidelity Total Bond ETF by 2,335.5% in the 1st quarter. Waterway Wealth Management LLC now owns 184,513 shares of the company’s stock worth $8,417,000 after purchasing an additional 176,937 shares during the last quarter.

Fidelity Total Bond ETF Trading Down 0.0%

Shares of NYSEARCA:FBND traded down $0.01 during midday trading on Friday, hitting $43.82. The company had a trading volume of 5,305,343 shares, compared to its average volume of 3,184,228. Fidelity Total Bond ETF has a 12 month low of $43.11 and a 12 month high of $46.86. The stock has a market cap of $28.25 billion, a price-to-earnings ratio of 8.94 and a beta of 0.28. The firm has a fifty day simple moving average of $44.27 and a 200 day simple moving average of $45.05.

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.