Boston Family Office LLC Acquires Shares of 11,799 Fidelity Total Bond ETF (NYSEARCA:FBND)

Boston Family Office LLC acquired a new stake in Fidelity Total Bond ETF (NYSEARCA:FBND) during the third quarter, HoldingsChannel reports. The fund acquired 11,799 shares of the company’s stock, valued at approximately $551,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Marshall Financial Group LLC bought a new position in shares of Fidelity Total Bond ETF during the third quarter worth $843,000. Cetera Investment Advisers boosted its position in shares of Fidelity Total Bond ETF by 31.7% during the second 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 in the last quarter. Harbour Investments Inc. raised its holdings in shares of Fidelity Total Bond ETF by 23.5% during the second quarter. Harbour Investments Inc. now owns 287,684 shares of the company’s stock worth $12,926,000 after acquiring an additional 54,676 shares during the period. Certified Advisory Corp raised its holdings in shares of Fidelity Total Bond ETF by 4.9% during the second quarter. Certified Advisory Corp now owns 268,452 shares of the company’s stock worth $12,062,000 after acquiring an additional 12,660 shares during the period. Finally, AE Wealth Management LLC raised its holdings in shares of Fidelity Total Bond ETF by 4.7% during the second quarter. AE Wealth Management LLC now owns 10,296 shares of the company’s stock worth $463,000 after acquiring an additional 459 shares during the period.

Fidelity Total Bond ETF Stock Up 0.9 %

Shares of NYSEARCA:FBND opened at $45.83 on Tuesday. Fidelity Total Bond ETF has a 12 month low of $44.01 and a 12 month high of $47.30. The company’s fifty day simple moving average is $46.03 and its 200 day simple moving average is $45.80. The firm has a market cap of $9.15 billion, a price-to-earnings ratio of 8.85 and a beta of 0.19.

Fidelity Total Bond ETF Company 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.