Fidelity Total Bond ETF $FBND Stock Position Lifted by Vicus Capital

Vicus Capital boosted its holdings in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 2.6% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 685,273 shares of the company’s stock after purchasing an additional 17,452 shares during the period. Fidelity Total Bond ETF comprises approximately 2.6% of Vicus Capital’s holdings, making the stock its 10th largest holding. Vicus Capital owned about 0.16% of Fidelity Total Bond ETF worth $31,351,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of FBND. NBC Securities Inc. purchased a new position in shares of Fidelity Total Bond ETF during the 1st quarter worth approximately $28,000. CGN Advisors LLC grew its holdings in shares of Fidelity Total Bond ETF by 6.5% during the 1st quarter. CGN Advisors LLC now owns 21,765 shares of the company’s stock worth $994,000 after acquiring an additional 1,336 shares during the period. Triangle Securities Wealth Management grew its holdings in shares of Fidelity Total Bond ETF by 46.1% during the 1st quarter. Triangle Securities Wealth Management now owns 61,467 shares of the company’s stock worth $2,806,000 after acquiring an additional 19,390 shares during the period. TrueWealth Advisors LLC grew its holdings in shares of Fidelity Total Bond ETF by 30.9% during the 1st quarter. TrueWealth Advisors LLC now owns 149,562 shares of the company’s stock worth $6,828,000 after acquiring an additional 35,338 shares during the period. Finally, Lakeshore Capital Group Inc. purchased a new position in shares of Fidelity Total Bond ETF during the 1st quarter worth approximately $1,746,000.

Fidelity Total Bond ETF Stock Performance

FBND stock opened at $46.34 on Thursday. Fidelity Total Bond ETF has a fifty-two week low of $44.30 and a fifty-two week high of $46.78. The business’s 50 day moving average price is $46.05 and its two-hundred day moving average price is $45.59. The company has a market capitalization of $20.03 billion, a price-to-earnings ratio of 8.94 and a beta of 0.17.

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.