Fidelity Total Bond ETF $FBND Shares Purchased by Schneider Downs Wealth Management Advisors LP

Schneider Downs Wealth Management Advisors LP raised its holdings in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 32.3% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 260,891 shares of the company’s stock after buying an additional 63,765 shares during the period. Fidelity Total Bond ETF comprises 1.8% of Schneider Downs Wealth Management Advisors LP’s investment portfolio, making the stock its 14th largest position. Schneider Downs Wealth Management Advisors LP owned 0.06% of Fidelity Total Bond ETF worth $11,936,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of FBND. Interchange Capital Partners LLC raised its stake in shares of Fidelity Total Bond ETF by 2.2% during the second quarter. Interchange Capital Partners LLC now owns 40,842 shares of the company’s stock valued at $1,869,000 after purchasing an additional 898 shares during the period. Brighton Jones LLC purchased a new stake in shares of Fidelity Total Bond ETF during the second quarter valued at approximately $336,000. Focus Partners Advisor Solutions LLC raised its stake in shares of Fidelity Total Bond ETF by 8.1% during the second quarter. Focus Partners Advisor Solutions LLC now owns 204,617 shares of the company’s stock valued at $9,361,000 after purchasing an additional 15,271 shares during the period. Insight Wealth Partners LLC raised its stake in shares of Fidelity Total Bond ETF by 3.0% during the second quarter. Insight Wealth Partners LLC now owns 192,949 shares of the company’s stock valued at $8,827,000 after purchasing an additional 5,588 shares during the period. Finally, Carnegie Investment Counsel raised its stake in shares of Fidelity Total Bond ETF by 12.1% during the second quarter. Carnegie Investment Counsel now owns 99,335 shares of the company’s stock valued at $4,545,000 after purchasing an additional 10,740 shares during the period.

Fidelity Total Bond ETF Stock Up 0.1%

FBND opened at $46.76 on Friday. The firm has a market capitalization of $21.87 billion, a P/E ratio of 8.94 and a beta of 0.17. The firm’s 50 day moving average is $46.32 and its 200-day moving average is $45.70. Fidelity Total Bond ETF has a 52-week low of $44.30 and a 52-week high of $46.85.

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.