Geneos Wealth Management Inc. Acquires 228 Shares of Fidelity Total Bond ETF (NYSEARCA:FBND)

Geneos Wealth Management Inc. increased its holdings in Fidelity Total Bond ETF (NYSEARCA:FBND) by 15.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,720 shares of the company’s stock after purchasing an additional 228 shares during the period. Geneos Wealth Management Inc.’s holdings in Fidelity Total Bond ETF were worth $79,000 at the end of the most recent reporting period.

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

Fidelity Total Bond ETF Price Performance

FBND stock opened at $44.23 on Tuesday. Fidelity Total Bond ETF has a 52-week low of $42.45 and a 52-week high of $46.38. The company has a 50-day moving average of $45.13 and a two-hundred day moving average of $44.76. The stock has a market capitalization of $4.24 billion, a price-to-earnings ratio of 12.64 and a beta of 0.17.

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.