82,736 Fidelity Total Bond ETF $FBND Shares Bought by W.G. Shaheen & Associates DBA Whitney & Co

W.G. Shaheen & Associates DBA Whitney & Co increased its position in Fidelity Total Bond ETF (NYSEARCA:FBND) by 8.5% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,054,139 shares of the company’s stock after buying an additional 82,736 shares during the quarter. Fidelity Total Bond ETF comprises approximately 3.4% of W.G. Shaheen & Associates DBA Whitney & Co’s holdings, making the stock its 5th largest position. W.G. Shaheen & Associates DBA Whitney & Co’s holdings in Fidelity Total Bond ETF were worth $45,644,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Bank of America Corp DE boosted its stake in Fidelity Total Bond ETF by 6.3% during the first quarter. Bank of America Corp DE now owns 14,706,838 shares of the company’s stock valued at $670,926,000 after buying an additional 871,672 shares in the last quarter. Envestnet Asset Management Inc. raised its position in Fidelity Total Bond ETF by 7.9% in the second quarter. Envestnet Asset Management Inc. now owns 8,059,617 shares of the company’s stock worth $366,632,000 after acquiring an additional 587,351 shares in the last quarter. Cetera Investment Advisers raised its position in Fidelity Total Bond ETF by 15.9% in the first quarter. Cetera Investment Advisers now owns 6,801,133 shares of the company’s stock worth $310,268,000 after acquiring an additional 930,834 shares in the last quarter. Sax Wealth Advisors LLC raised its position in Fidelity Total Bond ETF by 49.8% in the third quarter. Sax Wealth Advisors LLC now owns 6,727,943 shares of the company’s stock worth $291,320,000 after acquiring an additional 2,236,473 shares in the last quarter. Finally, Legacy Wealth Management LLC lifted its holdings in Fidelity Total Bond ETF by 57.0% in the 2nd quarter. Legacy Wealth Management LLC now owns 5,495,432 shares of the company’s stock valued at $249,987,000 after acquiring an additional 1,995,732 shares during the last quarter.

Fidelity Total Bond ETF Stock Performance

Shares of NYSEARCA:FBND traded down $0.05 during trading hours on Friday, hitting $44.33. 2,717,195 shares of the company’s stock traded hands, compared to its average volume of 3,250,555. Fidelity Total Bond ETF has a 52 week low of $43.11 and a 52 week high of $46.78. The company’s fifty day simple moving average is $44.01 and its two-hundred day simple moving average is $45.23. The company has a market cap of $28.58 billion, a price-to-earnings ratio of 8.94 and a beta of 0.28.

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.