Quad Cities Investment Group LLC Has $1.87 Million Stake in Fidelity Total Bond ETF (NYSEARCA:FBND)

Quad Cities Investment Group LLC boosted its stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 19.6% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 41,295 shares of the company’s stock after buying an additional 6,763 shares during the quarter. Fidelity Total Bond ETF makes up approximately 1.1% of Quad Cities Investment Group LLC’s portfolio, making the stock its 23rd biggest position. Quad Cities Investment Group LLC’s holdings in Fidelity Total Bond ETF were worth $1,871,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in FBND. Geneos Wealth Management Inc. increased its position in shares of Fidelity Total Bond ETF by 15.3% during the fourth quarter. Geneos Wealth Management Inc. now owns 1,720 shares of the company’s stock worth $79,000 after buying an additional 228 shares during the period. Ancora Advisors LLC boosted its position in Fidelity Total Bond ETF by 0.6% during the third quarter. Ancora Advisors LLC now owns 44,261 shares of the company’s stock valued at $1,928,000 after acquiring an additional 268 shares during the last quarter. CGN Advisors LLC grew its holdings in Fidelity Total Bond ETF by 3.0% during the 1st quarter. CGN Advisors LLC now owns 11,462 shares of the company’s stock worth $519,000 after acquiring an additional 336 shares during the period. FinTrust Capital Advisors LLC raised its position in shares of Fidelity Total Bond ETF by 8.7% in the 4th quarter. FinTrust Capital Advisors LLC now owns 5,281 shares of the company’s stock worth $243,000 after acquiring an additional 424 shares in the last quarter. Finally, Private Trust Co. NA lifted its stake in shares of Fidelity Total Bond ETF by 51.2% in the 4th quarter. Private Trust Co. NA now owns 1,616 shares of the company’s stock valued at $74,000 after purchasing an additional 547 shares during the period.

Fidelity Total Bond ETF Price Performance

Shares of Fidelity Total Bond ETF stock remained flat at $45.44 on Tuesday. The company had a trading volume of 755,213 shares, compared to its average volume of 1,235,909. The company has a market cap of $9.07 billion, a P/E ratio of 8.85 and a beta of 0.19. The firm’s 50 day moving average price is $44.79 and its two-hundred day moving average price is $45.17. Fidelity Total Bond ETF has a 52 week low of $42.45 and a 52 week high of $46.21.

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.