Integrated Wealth Concepts LLC Increases Stock Position in Fidelity Total Bond ETF (NYSEARCA:FBND)

Integrated Wealth Concepts LLC lifted its holdings in Fidelity Total Bond ETF (NYSEARCA:FBND) by 24.1% during the third quarter, Holdings Channel reports. The institutional investor owned 287,819 shares of the company’s stock after acquiring an additional 55,924 shares during the quarter. Integrated Wealth Concepts LLC’s holdings in Fidelity Total Bond ETF were worth $13,453,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Marshall Financial Group LLC purchased a new position in Fidelity Total Bond ETF during the third quarter valued at $843,000. Cetera Investment Advisers raised its position in shares of Fidelity Total Bond ETF by 31.7% in the 2nd quarter. Cetera Investment Advisers now owns 1,591,785 shares of the company’s stock worth $71,519,000 after purchasing an additional 383,302 shares during the last quarter. Harbour Investments Inc. boosted its stake in Fidelity Total Bond ETF by 23.5% in the 2nd quarter. Harbour Investments Inc. now owns 287,684 shares of the company’s stock worth $12,926,000 after purchasing an additional 54,676 shares in the last quarter. Certified Advisory Corp grew its position in Fidelity Total Bond ETF by 4.9% during the 2nd quarter. Certified Advisory Corp now owns 268,452 shares of the company’s stock valued at $12,062,000 after purchasing an additional 12,660 shares during the last quarter. Finally, AE Wealth Management LLC increased its stake in Fidelity Total Bond ETF by 4.7% during the 2nd quarter. AE Wealth Management LLC now owns 10,296 shares of the company’s stock valued at $463,000 after purchasing an additional 459 shares in the last quarter.

Fidelity Total Bond ETF Stock Performance

Shares of NYSEARCA FBND opened at $45.84 on Wednesday. The company has a market cap of $9.15 billion, a PE ratio of 8.85 and a beta of 0.19. The firm’s 50 day moving average price is $45.89 and its 200-day moving average price is $45.83. Fidelity Total Bond ETF has a 52-week low of $44.01 and a 52-week high of $47.30.

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.