WBH Advisory Inc. Purchases 30,754 Shares of Fidelity Total Bond ETF (NYSEARCA:FBND)

WBH Advisory Inc. increased its holdings in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 10.5% in the second quarter, according to its most recent disclosure with the SEC. The firm owned 324,317 shares of the company’s stock after purchasing an additional 30,754 shares during the period. Fidelity Total Bond ETF accounts for approximately 1.7% of WBH Advisory Inc.’s holdings, making the stock its 11th largest position. WBH Advisory Inc. owned about 0.40% of Fidelity Total Bond ETF worth $14,730,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of FBND. Bank of Montreal Can increased its holdings in shares of Fidelity Total Bond ETF by 35.7% during the first quarter. Bank of Montreal Can now owns 5,289 shares of the company’s stock worth $263,000 after purchasing an additional 1,390 shares during the period. Cetera Investment Advisers grew its holdings in shares of Fidelity Total Bond ETF by 13.7% during the 1st quarter. Cetera Investment Advisers now owns 8,750 shares of the company’s stock worth $435,000 after purchasing an additional 1,051 shares in the last quarter. NewEdge Advisors LLC increased its position in shares of Fidelity Total Bond ETF by 16.4% in the first quarter. NewEdge Advisors LLC now owns 25,693 shares of the company’s stock worth $1,279,000 after purchasing an additional 3,619 shares during the period. Laurel Wealth Advisors Inc. raised its stake in Fidelity Total Bond ETF by 24.0% in the first quarter. Laurel Wealth Advisors Inc. now owns 29,885 shares of the company’s stock valued at $1,487,000 after purchasing an additional 5,788 shares in the last quarter. Finally, Founders Financial Securities LLC bought a new stake in Fidelity Total Bond ETF during the first quarter worth about $9,283,000.

Fidelity Total Bond ETF Trading Down 0.2 %

FBND stock traded down $0.07 during mid-day trading on Tuesday, hitting $44.34. The stock had a trading volume of 129,819 shares, compared to its average volume of 688,576. The firm has a fifty day simple moving average of $44.84 and a 200 day simple moving average of $45.39. The firm has a market capitalization of $4.25 billion, a P/E ratio of 12.64 and a beta of 0.17. Fidelity Total Bond ETF has a 52 week low of $43.25 and a 52 week high of $46.96.

Fidelity Total Bond ETF 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.