RFG Advisory LLC Raises Stock Position in Fidelity Total Bond ETF (NYSEARCA:FBND)

RFG Advisory LLC increased its holdings in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 6.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,293,510 shares of the company’s stock after buying an additional 250,764 shares during the period. Fidelity Total Bond ETF accounts for about 5.4% of RFG Advisory LLC’s investment portfolio, making the stock its 4th biggest holding. RFG Advisory LLC owned approximately 2.15% of Fidelity Total Bond ETF worth $192,650,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the business. Mark Sheptoff Financial Planning LLC acquired a new stake in shares of Fidelity Total Bond ETF in the 3rd quarter valued at approximately $25,000. Northwest Investment Counselors LLC acquired a new stake in Fidelity Total Bond ETF in the third quarter worth $30,000. Highline Wealth Partners LLC bought a new position in shares of Fidelity Total Bond ETF during the third quarter worth $47,000. Darwin Wealth Management LLC bought a new position in shares of Fidelity Total Bond ETF during the third quarter worth $54,000. Finally, Wilmington Savings Fund Society FSB acquired a new position in shares of Fidelity Total Bond ETF in the 3rd quarter valued at $87,000.

Fidelity Total Bond ETF Trading Down 0.2 %

Shares of Fidelity Total Bond ETF stock opened at $44.91 on Friday. Fidelity Total Bond ETF has a 12 month low of $44.01 and a 12 month high of $47.30. The company has a market capitalization of $8.96 billion, a PE ratio of 8.85 and a beta of 0.19. The stock’s fifty day simple moving average is $45.27 and its 200 day simple moving average is $45.85.

Fidelity Total Bond ETF 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.