Fidelity Total Bond ETF (NYSEARCA:FBND) Stock Holdings Lifted by Arete Wealth Advisors LLC

Arete Wealth Advisors LLC raised its holdings in Fidelity Total Bond ETF (NYSEARCA:FBND) by 78.3% in the third quarter, according to the company in its most recent disclosure with the SEC. The fund owned 448,065 shares of the company’s stock after buying an additional 196,783 shares during the quarter. Fidelity Total Bond ETF comprises 1.7% of Arete Wealth Advisors LLC’s holdings, making the stock its 7th largest position. Arete Wealth Advisors LLC owned 0.22% of Fidelity Total Bond ETF worth $20,923,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Northwest Investment Counselors LLC acquired a new position in shares of Fidelity Total Bond ETF in the third quarter valued at about $30,000. Transcendent Capital Group LLC purchased a new stake in Fidelity Total Bond ETF in the second quarter valued at approximately $32,000. Highline Wealth Partners LLC acquired a new position in Fidelity Total Bond ETF in the 3rd quarter worth approximately $47,000. Strategic Financial Concepts LLC purchased a new position in Fidelity Total Bond ETF during the 2nd quarter worth approximately $49,000. Finally, Darwin Wealth Management LLC acquired a new stake in Fidelity Total Bond ETF during the 3rd quarter valued at approximately $54,000.

Fidelity Total Bond ETF Price Performance

NYSEARCA FBND opened at $45.91 on Wednesday. Fidelity Total Bond ETF has a 1 year low of $44.01 and a 1 year high of $47.30. The company has a market capitalization of $9.16 billion, a PE ratio of 8.85 and a beta of 0.19. The company has a fifty day moving average of $45.82 and a 200 day moving average of $45.87.

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.