Fidelity Total Bond ETF (NYSEARCA:FBND) Stock Holdings Increased by Dynamic Advisor Solutions LLC

Dynamic Advisor Solutions LLC increased its holdings in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 3.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 991,331 shares of the company’s stock after purchasing an additional 34,818 shares during the period. Fidelity Total Bond ETF makes up 1.9% of Dynamic Advisor Solutions LLC’s holdings, making the stock its 6th biggest position. Dynamic Advisor Solutions LLC’s holdings in Fidelity Total Bond ETF were worth $44,481,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in FBND. Rockefeller Capital Management L.P. grew its stake in shares of Fidelity Total Bond ETF by 3.1% during the 3rd quarter. Rockefeller Capital Management L.P. now owns 39,999 shares of the company’s stock worth $1,869,000 after purchasing an additional 1,188 shares during the period. Marshall Financial Group LLC purchased a new stake in Fidelity Total Bond ETF during the third quarter worth $843,000. Arete Wealth Advisors LLC grew its position in Fidelity Total Bond ETF by 78.3% during the third quarter. Arete Wealth Advisors LLC now owns 448,065 shares of the company’s stock valued at $20,923,000 after buying an additional 196,783 shares during the period. Cetera Investment Advisers increased its holdings in Fidelity Total Bond ETF by 31.7% in the second quarter. Cetera Investment Advisers now owns 1,591,785 shares of the company’s stock valued at $71,519,000 after buying an additional 383,302 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its position in shares of Fidelity Total Bond ETF by 11.2% in the third quarter. JPMorgan Chase & Co. now owns 5,169,480 shares of the company’s stock worth $241,622,000 after acquiring an additional 520,113 shares during the period.

Fidelity Total Bond ETF Stock Up 0.2 %

NYSEARCA:FBND opened at $45.01 on Friday. Fidelity Total Bond ETF has a 52 week low of $44.01 and a 52 week high of $47.30. The stock’s 50-day moving average price is $45.26 and its 200-day moving average price is $45.84. The stock has a market capitalization of $8.98 billion, a PE ratio of 8.85 and a beta of 0.19.

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.