Soltis Investment Advisors LLC Purchases 5,140 Shares of Fidelity Total Bond ETF (NYSEARCA:FBND)

Soltis Investment Advisors LLC boosted its position in Fidelity Total Bond ETF (NYSEARCA:FBND) by 6.5% in the fourth quarter, Holdings Channel.com reports. The firm owned 84,770 shares of the company’s stock after buying an additional 5,140 shares during the quarter. Soltis Investment Advisors LLC’s holdings in Fidelity Total Bond ETF were worth $3,804,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Rockefeller Capital Management L.P. increased its stake in shares of Fidelity Total Bond ETF by 3.1% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 39,999 shares of the company’s stock worth $1,869,000 after acquiring an additional 1,188 shares in the last quarter. Marshall Financial Group LLC bought a new position in shares of Fidelity Total Bond ETF during the third quarter valued at approximately $843,000. Arete Wealth Advisors LLC lifted its holdings in shares of Fidelity Total Bond ETF by 78.3% during the third quarter. Arete Wealth Advisors LLC now owns 448,065 shares of the company’s stock valued at $20,923,000 after purchasing an additional 196,783 shares during the last quarter. JPMorgan Chase & Co. boosted its position in shares of Fidelity Total Bond ETF by 11.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 5,169,480 shares of the company’s stock worth $241,622,000 after purchasing an additional 520,113 shares in the last quarter. Finally, Stratos Wealth Advisors LLC increased its position in Fidelity Total Bond ETF by 5.5% during the 3rd quarter. Stratos Wealth Advisors LLC now owns 45,486 shares of the company’s stock valued at $2,126,000 after buying an additional 2,366 shares in the last quarter.

Fidelity Total Bond ETF Trading Down 0.4 %

Shares of NYSEARCA:FBND opened at $45.19 on Monday. Fidelity Total Bond ETF has a 12-month low of $44.01 and a 12-month high of $47.30. The stock has a market capitalization of $9.02 billion, a price-to-earnings ratio of 8.85 and a beta of 0.19. The stock has a fifty day simple moving average of $45.17 and a two-hundred day simple moving average of $45.82.

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.