Wealthcare Advisory Partners LLC Boosts Holdings in Fidelity Total Bond ETF $FBND

Wealthcare Advisory Partners LLC increased its stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 2.7% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,565,006 shares of the company’s stock after acquiring an additional 41,007 shares during the quarter. Fidelity Total Bond ETF comprises approximately 1.3% of Wealthcare Advisory Partners LLC’s portfolio, making the stock its 11th largest holding. Wealthcare Advisory Partners LLC owned about 0.27% of Fidelity Total Bond ETF worth $71,192,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Root Financial Partners LLC purchased a new position in shares of Fidelity Total Bond ETF during the fourth quarter worth approximately $25,000. GHP Investment Advisors Inc. acquired a new position in Fidelity Total Bond ETF in the 1st quarter valued at about $25,000. Tucker Asset Management LLC purchased a new stake in shares of Fidelity Total Bond ETF during the fourth quarter worth approximately $37,000. Key Capital Management INC purchased a new position in Fidelity Total Bond ETF during the 4th quarter worth $49,000. Finally, Darwin Wealth Management LLC purchased a new position in Fidelity Total Bond ETF during the second quarter worth about $49,000.

Fidelity Total Bond ETF Stock Performance

NYSEARCA:FBND opened at $44.86 on Tuesday. The stock has a fifty day moving average price of $45.30 and a two-hundred day moving average price of $45.69. The stock has a market capitalization of $27.18 billion, a price-to-earnings ratio of 8.94 and a beta of 0.27. Fidelity Total Bond ETF has a 1 year low of $44.65 and a 1 year high of $46.86.

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.