EWG Elevate Inc. Acquires 5,115 Shares of Fidelity Total Bond ETF (NYSEARCA:FBND)

EWG Elevate Inc. grew its holdings in Fidelity Total Bond ETF (NYSEARCA:FBND) by 24.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 25,639 shares of the company’s stock after purchasing an additional 5,115 shares during the quarter. EWG Elevate Inc.’s holdings in Fidelity Total Bond ETF were worth $1,150,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in FBND. Peterson Wealth Advisors LLC lifted its stake in Fidelity Total Bond ETF by 0.8% in the third quarter. Peterson Wealth Advisors LLC now owns 31,396 shares of the company’s stock valued at $1,467,000 after buying an additional 246 shares during the period. Regatta Capital Group LLC boosted its stake in Fidelity Total Bond ETF by 2.3% during the third quarter. Regatta Capital Group LLC now owns 13,713 shares of the company’s stock worth $641,000 after acquiring an additional 304 shares in the last quarter. AE Wealth Management LLC grew its holdings in Fidelity Total Bond ETF by 4.7% in the second quarter. AE Wealth Management LLC now owns 10,296 shares of the company’s stock worth $463,000 after purchasing an additional 459 shares during the period. Mark Sheptoff Financial Planning LLC bought a new stake in Fidelity Total Bond ETF in the third quarter valued at $25,000. Finally, One Plus One Wealth Management LLC raised its holdings in shares of Fidelity Total Bond ETF by 3.1% during the third quarter. One Plus One Wealth Management LLC now owns 17,636 shares of the company’s stock valued at $824,000 after purchasing an additional 538 shares during the period.

Fidelity Total Bond ETF Price Performance

Shares of FBND opened at $44.47 on Monday. Fidelity Total Bond ETF has a one year low of $44.01 and a one year high of $47.30. The company has a market cap of $8.87 billion, a PE ratio of 8.85 and a beta of 0.19. The stock has a 50-day moving average of $45.38 and a 200-day moving average of $45.87.

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.