J.W. Cole Advisors Inc. Acquires 23,230 Shares of Fidelity Total Bond ETF $FBND

J.W. Cole Advisors Inc. lifted its holdings in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 10.5% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 244,715 shares of the company’s stock after purchasing an additional 23,230 shares during the period. J.W. Cole Advisors Inc.’s holdings in Fidelity Total Bond ETF were worth $10,992,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. EnRich Financial Partners LLC boosted its position in Fidelity Total Bond ETF by 4.0% during the 3rd quarter. EnRich Financial Partners LLC now owns 475,238 shares of the company’s stock valued at $21,975,000 after buying an additional 18,362 shares during the period. Financial Management Network Inc. boosted its position in Fidelity Total Bond ETF by 20.3% during the 4th quarter. Financial Management Network Inc. now owns 123,217 shares of the company’s stock valued at $5,673,000 after buying an additional 20,803 shares during the period. Sunburst Financial Group LLC boosted its position in Fidelity Total Bond ETF by 2.6% during the 4th quarter. Sunburst Financial Group LLC now owns 1,110,436 shares of the company’s stock valued at $51,124,000 after buying an additional 28,089 shares during the period. Drake & Associates LLC boosted its position in Fidelity Total Bond ETF by 14.3% during the 3rd quarter. Drake & Associates LLC now owns 837,627 shares of the company’s stock valued at $38,698,000 after buying an additional 104,664 shares during the period. Finally, Salus Financial Advisors LLC boosted its position in Fidelity Total Bond ETF by 6.8% during the 3rd quarter. Salus Financial Advisors LLC now owns 299,428 shares of the company’s stock valued at $13,846,000 after buying an additional 19,085 shares during the period.

Fidelity Total Bond ETF Stock Up 0.1%

Shares of FBND opened at $45.49 on Friday. The stock has a market capitalization of $25.49 billion, a P/E ratio of 8.94 and a beta of 0.27. The firm has a fifty day simple moving average of $45.64 and a two-hundred day simple moving average of $46.02. Fidelity Total Bond ETF has a twelve month low of $44.82 and a twelve 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.