Vicus Capital Buys 31,390 Shares of Fidelity Total Bond ETF $FBND

Vicus Capital grew its position in Fidelity Total Bond ETF (NYSEARCA:FBND) by 4.6% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 716,663 shares of the company’s stock after purchasing an additional 31,390 shares during the quarter. Fidelity Total Bond ETF makes up approximately 2.5% of Vicus Capital’s portfolio, making the stock its 13th largest holding. Vicus Capital owned 0.15% of Fidelity Total Bond ETF worth $33,138,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Fifth Third Bancorp acquired a new position in Fidelity Total Bond ETF in the 2nd quarter valued at $27,000. Caldwell Trust Co acquired a new stake in shares of Fidelity Total Bond ETF in the second quarter valued at about $34,000. Maryland Capital Advisors Inc. increased its stake in shares of Fidelity Total Bond ETF by 378.5% in the third quarter. Maryland Capital Advisors Inc. now owns 823 shares of the company’s stock worth $38,000 after purchasing an additional 651 shares during the period. Brown Lisle Cummings Inc. acquired a new position in shares of Fidelity Total Bond ETF during the 2nd quarter worth about $38,000. Finally, Darwin Wealth Management LLC acquired a new position in shares of Fidelity Total Bond ETF during the 2nd quarter worth about $49,000.

Fidelity Total Bond ETF Stock Up 0.2%

FBND opened at $46.18 on Monday. The stock’s 50 day moving average price is $46.30 and its two-hundred day moving average price is $46.15. The firm has a market capitalization of $23.67 billion, a P/E ratio of 8.94 and a beta of 0.28. Fidelity Total Bond ETF has a 12-month low of $44.30 and a 12-month high of $46.86.

About Fidelity Total Bond ETF

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.