Fidelity Total Bond ETF $FBND Shares Bought by Wedbush Securities Inc.

Wedbush Securities Inc. boosted its stake in Fidelity Total Bond ETF (NYSEARCA:FBND) by 665.7% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 82,287 shares of the company’s stock after acquiring an additional 71,541 shares during the quarter. Wedbush Securities Inc.’s holdings in Fidelity Total Bond ETF were worth $5,234,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Signature Equity Partners LLC grew its holdings in shares of Fidelity Total Bond ETF by 5.4% during the first quarter. Signature Equity Partners LLC now owns 4,739 shares of the company’s stock worth $216,000 after buying an additional 244 shares in the last quarter. Insight Advisors LLC PA boosted its position in shares of Fidelity Total Bond ETF by 1.6% during the 1st quarter. Insight Advisors LLC PA now owns 17,988 shares of the company’s stock valued at $821,000 after acquiring an additional 291 shares during the last quarter. Keystone Financial Group grew its holdings in shares of Fidelity Total Bond ETF by 3.1% in the third quarter. Keystone Financial Group now owns 10,317 shares of the company’s stock valued at $477,000 after purchasing an additional 315 shares during the period. Archer Investment Corp increased its position in Fidelity Total Bond ETF by 17.2% during the first quarter. Archer Investment Corp now owns 2,216 shares of the company’s stock worth $101,000 after purchasing an additional 325 shares during the last quarter. Finally, Breakwater Capital Group raised its stake in Fidelity Total Bond ETF by 3.4% during the second quarter. Breakwater Capital Group now owns 9,876 shares of the company’s stock worth $449,000 after purchasing an additional 327 shares during the period.

Fidelity Total Bond ETF Price Performance

Fidelity Total Bond ETF stock opened at $44.77 on Friday. The firm has a 50 day simple moving average of $45.16 and a 200-day simple moving average of $45.59. The stock has a market cap of $27.12 billion, a price-to-earnings ratio of 8.94 and a beta of 0.27. Fidelity Total Bond ETF has a 1-year low of $44.65 and a 1-year high of $46.86.

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.