Advisor OS LLC Boosts Stake in Fidelity Total Bond ETF (NYSEARCA:FBND)

Advisor OS LLC boosted its position in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 3.9% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 337,156 shares of the company’s stock after buying an additional 12,519 shares during the quarter. Fidelity Total Bond ETF makes up about 1.7% of Advisor OS LLC’s holdings, making the stock its 14th biggest holding. Advisor OS LLC owned about 0.17% of Fidelity Total Bond ETF worth $15,148,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Oppenheimer & Co. Inc. bought a new position in Fidelity Total Bond ETF in the fourth quarter valued at about $11,176,000. Visionary Wealth Advisors boosted its holdings in shares of Fidelity Total Bond ETF by 5.2% in the 4th quarter. Visionary Wealth Advisors now owns 86,217 shares of the company’s stock worth $3,969,000 after purchasing an additional 4,258 shares during the period. Envestnet Portfolio Solutions Inc. increased its position in Fidelity Total Bond ETF by 620.4% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 98,823 shares of the company’s stock valued at $4,550,000 after acquiring an additional 85,106 shares during the last quarter. Vantage Financial Partners Ltd. Inc. raised its holdings in shares of Fidelity Total Bond ETF by 358.1% in the fourth quarter. Vantage Financial Partners Ltd. Inc. now owns 387,205 shares of the company’s stock worth $17,827,000 after buying an additional 302,672 shares during the period. Finally, Red Mountain Financial LLC purchased a new position in shares of Fidelity Total Bond ETF during the fourth quarter worth approximately $2,491,000.

Fidelity Total Bond ETF Stock Performance

Shares of NYSEARCA:FBND opened at $46.83 on Friday. The company has a market capitalization of $9.34 billion, a PE ratio of 8.85 and a beta of 0.19. The business’s fifty day simple moving average is $45.95 and its 200-day simple moving average is $45.29. Fidelity Total Bond ETF has a 12-month low of $42.45 and a 12-month high of $47.03.

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.