Fidelity Total Bond ETF $FBND Stock Holdings Boosted by Triangle Securities Wealth Management

Triangle Securities Wealth Management increased its stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 118.7% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 247,442 shares of the company’s stock after purchasing an additional 134,274 shares during the quarter. Fidelity Total Bond ETF makes up about 2.0% of Triangle Securities Wealth Management’s portfolio, making the stock its 10th largest holding. Triangle Securities Wealth Management’s holdings in Fidelity Total Bond ETF were worth $10,714,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently modified their holdings of the stock. Summit Financial Strategies Inc. boosted its stake in shares of Fidelity Total Bond ETF by 6.8% during the third quarter. Summit Financial Strategies Inc. now owns 2,546,072 shares of the company’s stock valued at $110,245,000 after purchasing an additional 161,872 shares in the last quarter. Harbor Group Inc. increased its position in Fidelity Total Bond ETF by 3.8% in the 3rd quarter. Harbor Group Inc. now owns 1,159,007 shares of the company’s stock valued at $50,185,000 after acquiring an additional 42,926 shares during the period. Sherrill & Hutchins Financial Advisory Inc raised its position in Fidelity Total Bond ETF by 2.7% during the 3rd quarter. Sherrill & Hutchins Financial Advisory Inc now owns 969,603 shares of the company’s stock worth $41,989,000 after purchasing an additional 25,690 shares during the last quarter. Essex LLC boosted its position in Fidelity Total Bond ETF by 886.5% during the third quarter. Essex LLC now owns 238,204 shares of the company’s stock valued at $10,314,000 after acquiring an additional 214,057 shares during the last quarter. Finally, ABLE Financial Group LLC grew its position in shares of Fidelity Total Bond ETF by 9.0% during the 3rd quarter. ABLE Financial Group LLC now owns 862,676 shares of the company’s stock worth $37,354,000 after buying an additional 71,000 shares during the period.

Fidelity Total Bond ETF Stock Up 0.0%

NYSEARCA:FBND opened at $43.54 on Thursday. The firm has a market capitalization of $28.07 billion, a P/E ratio of 8.94 and a beta of 0.28. The company has a fifty day moving average of $44.32 and a 200-day moving average of $45.07. Fidelity Total Bond ETF has a twelve month low of $43.11 and a twelve month high of $46.86.

Fidelity Total Bond ETF Company 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.