Fidelity Total Bond ETF $FBND Stock Holdings Increased by Lineweaver Wealth Advisors LLC

Lineweaver Wealth Advisors LLC raised its holdings in Fidelity Total Bond ETF (NYSEARCA:FBND) by 3.4% in the third quarter, Holdings Channel.com reports. The fund owned 934,473 shares of the company’s stock after acquiring an additional 30,654 shares during the quarter. Fidelity Total Bond ETF makes up about 4.7% of Lineweaver Wealth Advisors LLC’s investment portfolio, making the stock its 2nd largest position. Lineweaver Wealth Advisors LLC’s holdings in Fidelity Total Bond ETF were worth $40,463,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in FBND. Bank of America Corp DE increased its stake in shares of Fidelity Total Bond ETF by 6.3% during the 1st quarter. Bank of America Corp DE now owns 14,706,838 shares of the company’s stock worth $670,926,000 after purchasing an additional 871,672 shares during the last quarter. Envestnet Asset Management Inc. raised its holdings in shares of Fidelity Total Bond ETF by 7.9% during the 2nd quarter. Envestnet Asset Management Inc. now owns 8,059,617 shares of the company’s stock valued at $366,632,000 after purchasing an additional 587,351 shares in the last quarter. Cetera Investment Advisers lifted its stake in shares of Fidelity Total Bond ETF by 15.9% in the 1st quarter. Cetera Investment Advisers now owns 6,801,133 shares of the company’s stock valued at $310,268,000 after purchasing an additional 930,834 shares during the last quarter. Quotient Wealth Partners LLC lifted its stake in shares of Fidelity Total Bond ETF by 32.9% in the 1st quarter. Quotient Wealth Partners LLC now owns 6,501,284 shares of the company’s stock valued at $296,589,000 after purchasing an additional 1,609,056 shares during the last quarter. Finally, Sax Wealth Advisors LLC lifted its stake in shares of Fidelity Total Bond ETF by 49.8% in the 3rd quarter. Sax Wealth Advisors LLC now owns 6,727,943 shares of the company’s stock valued at $291,320,000 after purchasing an additional 2,236,473 shares during the last quarter.

Fidelity Total Bond ETF Price Performance

NYSEARCA:FBND traded up $0.05 during trading hours on Tuesday, reaching $43.52. The company’s stock had a trading volume of 4,972,731 shares, compared to its average volume of 3,158,939. The company has a market cap of $28.06 billion, a price-to-earnings ratio of 8.94 and a beta of 0.28. Fidelity Total Bond ETF has a one year low of $43.11 and a one year high of $46.86. The business’s 50-day moving average is $44.38 and its 200-day moving average is $45.10.

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.