IFP Advisors Inc Grows Holdings in Fidelity Total Bond ETF (NYSEARCA:FBND)

IFP Advisors Inc lifted its holdings in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 15.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 83,838 shares of the company’s stock after acquiring an additional 11,063 shares during the quarter. IFP Advisors Inc’s holdings in Fidelity Total Bond ETF were worth $3,762,000 as of its most recent filing with the SEC.

Other institutional investors also recently made changes to their positions in the company. Delta Financial Group Inc. acquired a new stake in Fidelity Total Bond ETF during the fourth quarter worth about $2,940,000. Forvis Mazars Wealth Advisors LLC boosted its position in Fidelity Total Bond ETF by 3.6% during the 4th quarter. Forvis Mazars Wealth Advisors LLC now owns 2,614,666 shares of the company’s stock worth $117,321,000 after acquiring an additional 91,090 shares during the period. Curtis Advisory Group LLC increased its holdings in shares of Fidelity Total Bond ETF by 131.5% during the fourth quarter. Curtis Advisory Group LLC now owns 23,065 shares of the company’s stock valued at $1,035,000 after purchasing an additional 13,100 shares during the period. Sigma Planning Corp lifted its holdings in Fidelity Total Bond ETF by 4.0% in the fourth quarter. Sigma Planning Corp now owns 169,326 shares of the company’s stock worth $7,598,000 after purchasing an additional 6,481 shares during the period. Finally, Winebrenner Capital Management LLC bought a new stake in shares of Fidelity Total Bond ETF during the 4th quarter worth about $928,000.

Fidelity Total Bond ETF Price Performance

Shares of NYSEARCA:FBND opened at $45.51 on Tuesday. The stock has a market cap of $9.08 billion, a price-to-earnings ratio of 8.85 and a beta of 0.19. Fidelity Total Bond ETF has a 12 month low of $44.01 and a 12 month high of $47.30. The stock’s 50 day moving average price is $45.04 and its 200 day moving average price is $45.77.

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.