Fidelity Total Bond ETF (NYSEARCA:FBND) Shares Bought by W.G. Shaheen & Associates DBA Whitney & Co

W.G. Shaheen & Associates DBA Whitney & Co lifted its stake in Fidelity Total Bond ETF (NYSEARCA:FBND) by 4.2% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 634,556 shares of the company’s stock after purchasing an additional 25,835 shares during the quarter. Fidelity Total Bond ETF accounts for approximately 3.0% of W.G. Shaheen & Associates DBA Whitney & Co’s investment portfolio, making the stock its 5th largest holding. W.G. Shaheen & Associates DBA Whitney & Co’s holdings in Fidelity Total Bond ETF were worth $28,473,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in FBND. BKM Wealth Management LLC bought a new stake in shares of Fidelity Total Bond ETF during the 3rd quarter valued at $216,000. Arkadios Wealth Advisors grew its stake in Fidelity Total Bond ETF by 254.2% during the third quarter. Arkadios Wealth Advisors now owns 28,113 shares of the company’s stock worth $1,314,000 after buying an additional 20,177 shares in the last quarter. Consolidated Portfolio Review Corp bought a new position in Fidelity Total Bond ETF in the 3rd quarter valued at about $407,000. Financial Management Professionals Inc. raised its position in shares of Fidelity Total Bond ETF by 323.6% in the 3rd quarter. Financial Management Professionals Inc. now owns 2,330 shares of the company’s stock valued at $109,000 after buying an additional 1,780 shares in the last quarter. Finally, Barnes Pettey Financial Advisors LLC boosted its position in shares of Fidelity Total Bond ETF by 119.8% during the 3rd quarter. Barnes Pettey Financial Advisors LLC now owns 17,704 shares of the company’s stock worth $827,000 after acquiring an additional 9,651 shares in the last quarter.

Fidelity Total Bond ETF Stock Up 0.4 %

NYSEARCA:FBND opened at $45.45 on Monday. The firm has a market capitalization of $9.07 billion, a PE ratio of 8.85 and a beta of 0.19. Fidelity Total Bond ETF has a twelve month low of $44.01 and a twelve month high of $47.30. The stock’s 50-day simple moving average is $45.04 and its 200 day simple moving average is $45.78.

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.