TD Waterhouse Canada Inc. Increases Holdings in Fidelity Total Bond ETF $FBND

TD Waterhouse Canada Inc. lifted its holdings in Fidelity Total Bond ETF (NYSEARCA:FBND) by 6.2% in the second quarter, HoldingsChannel.com reports. The fund owned 231,630 shares of the company’s stock after buying an additional 13,529 shares during the quarter. TD Waterhouse Canada Inc.’s holdings in Fidelity Total Bond ETF were worth $10,519,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in FBND. Signature Equity Partners LLC lifted its holdings in Fidelity Total Bond ETF by 5.4% in the 1st quarter. Signature Equity Partners LLC now owns 4,739 shares of the company’s stock worth $216,000 after purchasing an additional 244 shares in the last quarter. Insight Advisors LLC PA grew its holdings in 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 buying an additional 291 shares in the last quarter. Keystone Financial Group grew its holdings in Fidelity Total Bond ETF by 3.1% during the 3rd quarter. Keystone Financial Group now owns 10,317 shares of the company’s stock valued at $477,000 after buying an additional 315 shares in the last quarter. Archer Investment Corp raised its position in shares of Fidelity Total Bond ETF by 17.2% during the first quarter. Archer Investment Corp now owns 2,216 shares of the company’s stock valued at $101,000 after buying an additional 325 shares during the last quarter. Finally, Breakwater Capital Group raised its position in shares of Fidelity Total Bond ETF by 3.4% during the second quarter. Breakwater Capital Group now owns 9,876 shares of the company’s stock valued at $449,000 after buying an additional 327 shares during the last quarter.

Fidelity Total Bond ETF Stock Performance

FBND stock opened at $44.71 on Friday. Fidelity Total Bond ETF has a one year low of $44.59 and a one year high of $46.86. The company’s fifty day moving average price is $45.06 and its 200-day moving average price is $45.53. The company has a market capitalization of $27.09 billion, a PE ratio of 8.94 and a beta of 0.27.

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.