Professional Financial Advisors LLC Has $2.06 Million Stock Position in Fidelity Total Bond ETF (NYSEARCA:FBND)

Professional Financial Advisors LLC raised its position in Fidelity Total Bond ETF (NYSEARCA:FBND) by 4.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 45,849 shares of the company’s stock after buying an additional 1,752 shares during the period. Professional Financial Advisors LLC’s holdings in Fidelity Total Bond ETF were worth $2,057,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Rockefeller Capital Management L.P. boosted its holdings in shares of Fidelity Total Bond ETF by 3.1% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 39,999 shares of the company’s stock worth $1,869,000 after acquiring an additional 1,188 shares in the last quarter. Marshall Financial Group LLC acquired a new position in Fidelity Total Bond ETF in the third quarter worth $843,000. Arete Wealth Advisors LLC grew its holdings in shares of 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 worth $20,923,000 after purchasing an additional 196,783 shares during the last quarter. Cetera Investment Advisers increased its stake in shares of 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, Certified Advisory Corp raised its holdings in shares of Fidelity Total Bond ETF by 4.9% in the second quarter. Certified Advisory Corp now owns 268,452 shares of the company’s stock valued at $12,062,000 after buying an additional 12,660 shares during the last quarter.

Fidelity Total Bond ETF Stock Down 0.1 %

Shares of NYSEARCA FBND opened at $44.41 on Tuesday. Fidelity Total Bond ETF has a 12-month low of $44.01 and a 12-month high of $47.30. The firm’s 50-day simple moving average is $45.36 and its 200 day simple moving average is $45.86. The company has a market cap of $8.86 billion, a price-to-earnings ratio of 8.85 and a beta of 0.19.

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.