Financial Synergies Wealth Advisors Inc. Has $6.81 Million Stock Holdings in Fidelity Total Bond ETF $FBND

Financial Synergies Wealth Advisors Inc. increased its position in Fidelity Total Bond ETF (NYSEARCA:FBND) by 19.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 147,921 shares of the company’s stock after buying an additional 24,027 shares during the period. Fidelity Total Bond ETF accounts for approximately 0.7% of Financial Synergies Wealth Advisors Inc.’s investment portfolio, making the stock its 19th biggest holding. Financial Synergies Wealth Advisors Inc.’s holdings in Fidelity Total Bond ETF were worth $6,810,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in FBND. Rialto Wealth Management LLC acquired a new stake in shares of Fidelity Total Bond ETF in the 4th quarter valued at about $32,000. Clearstead Advisors LLC acquired a new stake in shares of Fidelity Total Bond ETF in the 3rd quarter valued at about $36,000. Tucker Asset Management LLC acquired a new stake in shares of Fidelity Total Bond ETF in the 4th quarter valued at about $37,000. First Command Advisory Services Inc. acquired a new stake in shares of Fidelity Total Bond ETF in the 3rd quarter valued at about $47,000. Finally, Fifth Third Bancorp grew its stake in shares of Fidelity Total Bond ETF by 78.0% in the 3rd quarter. Fifth Third Bancorp now owns 1,068 shares of the company’s stock valued at $49,000 after buying an additional 468 shares during the period.

Fidelity Total Bond ETF Stock Performance

Shares of NYSEARCA FBND opened at $45.30 on Thursday. Fidelity Total Bond ETF has a fifty-two week low of $44.73 and a fifty-two week high of $46.86. The stock has a market cap of $25.38 billion, a price-to-earnings ratio of 8.94 and a beta of 0.28. The firm’s 50-day simple moving average is $45.71 and its 200 day simple moving average is $46.09.

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.