W.G. Shaheen & Associates DBA Whitney & Co Has $31.49 Million Position in Fidelity Total Bond ETF $FBND

W.G. Shaheen & Associates DBA Whitney & Co boosted its holdings in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 2.3% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 688,361 shares of the company’s stock after buying an additional 15,224 shares during the quarter. Fidelity Total Bond ETF makes up about 3.1% of W.G. Shaheen & Associates DBA Whitney & Co’s investment portfolio, making the stock its 4th largest holding. W.G. Shaheen & Associates DBA Whitney & Co owned approximately 0.16% of Fidelity Total Bond ETF worth $31,493,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Family Capital Management Inc. boosted its position in shares of Fidelity Total Bond ETF by 3.1% during the second quarter. Family Capital Management Inc. now owns 73,066 shares of the company’s stock worth $3,343,000 after acquiring an additional 2,163 shares during the last quarter. Tritonpoint Wealth LLC boosted its position in shares of Fidelity Total Bond ETF by 2.2% during the second quarter. Tritonpoint Wealth LLC now owns 56,926 shares of the company’s stock worth $2,614,000 after acquiring an additional 1,239 shares during the last quarter. Beacon Capital Management LLC boosted its position in shares of Fidelity Total Bond ETF by 84.6% during the second quarter. Beacon Capital Management LLC now owns 4,549 shares of the company’s stock worth $208,000 after acquiring an additional 2,085 shares during the last quarter. Diversified Trust Co bought a new position in shares of Fidelity Total Bond ETF during the second quarter worth $427,000. Finally, Cerity Partners LLC boosted its position in shares of Fidelity Total Bond ETF by 27.5% during the first quarter. Cerity Partners LLC now owns 8,008 shares of the company’s stock worth $366,000 after acquiring an additional 1,729 shares during the last quarter.

Fidelity Total Bond ETF Stock Performance

Shares of NYSEARCA:FBND opened at $46.36 on Monday. The firm has a fifty day moving average price of $46.39 and a 200 day moving average price of $45.77. Fidelity Total Bond ETF has a fifty-two week low of $44.30 and a fifty-two week high of $46.86. The firm has a market cap of $22.15 billion, a price-to-earnings ratio of 8.94 and a beta of 0.28.

About Fidelity Total Bond ETF

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.