WCG Wealth Advisors LLC Invests $1.09 Million in Fidelity Total Bond ETF $FBND

WCG Wealth Advisors LLC bought a new stake in Fidelity Total Bond ETF (NYSEARCA:FBND) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 23,921 shares of the company’s stock, valued at approximately $1,094,000.

A number of other large investors also recently made changes to their positions in FBND. Fifth Third Bancorp bought a new stake in Fidelity Total Bond ETF in the 2nd quarter valued at $27,000. Brown Lisle Cummings Inc. acquired a new stake in shares of Fidelity Total Bond ETF during the second quarter worth $38,000. Clarity Asset Management Inc. lifted its holdings in shares of Fidelity Total Bond ETF by 285.3% during the first quarter. Clarity Asset Management Inc. now owns 1,364 shares of the company’s stock worth $62,000 after buying an additional 1,010 shares in the last quarter. Creekmur Asset Management LLC bought a new stake in shares of Fidelity Total Bond ETF in the second quarter valued at about $86,000. Finally, Bfsg LLC acquired a new position in shares of Fidelity Total Bond ETF in the second quarter valued at about $135,000.

Fidelity Total Bond ETF Stock Performance

NYSEARCA:FBND opened at $46.32 on Wednesday. Fidelity Total Bond ETF has a 52 week low of $44.30 and a 52 week high of $46.86. The firm’s 50-day simple moving average is $46.45 and its 200 day simple moving average is $45.95. The firm has a market cap of $22.13 billion, a price-to-earnings ratio of 8.94 and a beta of 0.28.

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.