Parcion Private Wealth LLC Raises Stock Holdings in Fidelity Total Bond ETF (NYSEARCA:FBND)

Parcion Private Wealth LLC boosted its stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 6.7% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 161,570 shares of the company’s stock after buying an additional 10,157 shares during the quarter. Parcion Private Wealth LLC owned 0.08% of Fidelity Total Bond ETF worth $7,259,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in FBND. Capital CS Group LLC increased its holdings in Fidelity Total Bond ETF by 5.1% in the 2nd quarter. Capital CS Group LLC now owns 6,027 shares of the company’s stock valued at $271,000 after purchasing an additional 294 shares during the last quarter. Arkadios Wealth Advisors grew its stake in shares of Fidelity Total Bond ETF by 5.5% in the first quarter. Arkadios Wealth Advisors now owns 6,244 shares of the company’s stock valued at $283,000 after buying an additional 323 shares in the last quarter. CGN Advisors LLC raised its holdings in shares of Fidelity Total Bond ETF by 3.0% in the 1st quarter. CGN Advisors LLC now owns 11,462 shares of the company’s stock valued at $519,000 after buying an additional 336 shares during the period. Capital Planning LLC lifted its stake in Fidelity Total Bond ETF by 0.9% during the 2nd quarter. Capital Planning LLC now owns 45,501 shares of the company’s stock worth $2,053,000 after acquiring an additional 388 shares in the last quarter. Finally, FinTrust Capital Advisors LLC boosted its holdings in Fidelity Total Bond ETF by 7.5% during the 1st quarter. FinTrust Capital Advisors LLC now owns 5,675 shares of the company’s stock valued at $257,000 after acquiring an additional 394 shares during the period.

Fidelity Total Bond ETF Price Performance

NYSEARCA FBND remained flat at $46.83 during trading on Friday. The company’s stock had a trading volume of 4,963,235 shares, compared to its average volume of 1,295,730. The company has a market capitalization of $9.34 billion, a P/E ratio of 8.85 and a beta of 0.19. The business’s fifty day moving average is $45.95 and its 200 day moving average is $45.29. Fidelity Total Bond ETF has a 52 week low of $42.45 and a 52 week high of $47.03.

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.