Stratos Investment Management LLC Purchases 90,949 Shares of Fidelity Total Bond ETF (NYSEARCA:FBND)

Stratos Investment Management LLC raised its position in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 244.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 128,180 shares of the company’s stock after acquiring an additional 90,949 shares during the quarter. Stratos Investment Management LLC’s holdings in Fidelity Total Bond ETF were worth $5,751,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of FBND. Mather Group LLC. lifted its stake in shares of Fidelity Total Bond ETF by 3.0% in the 4th quarter. Mather Group LLC. now owns 3,651,935 shares of the company’s stock valued at $163,862,000 after purchasing an additional 106,953 shares during the period. Dupree Financial Group LLC lifted its stake in Fidelity Total Bond ETF by 1.6% in the fourth quarter. Dupree Financial Group LLC now owns 15,086 shares of the company’s stock valued at $677,000 after buying an additional 238 shares during the period. Wealthspan Partners LLC boosted its holdings in shares of Fidelity Total Bond ETF by 39.2% during the 4th quarter. Wealthspan Partners LLC now owns 71,549 shares of the company’s stock worth $3,210,000 after buying an additional 20,145 shares in the last quarter. FSM Wealth Advisors LLC grew its position in shares of Fidelity Total Bond ETF by 6.8% during the 4th quarter. FSM Wealth Advisors LLC now owns 10,658 shares of the company’s stock worth $479,000 after buying an additional 676 shares during the period. Finally, Valley National Advisers Inc. increased its stake in shares of Fidelity Total Bond ETF by 16.1% in the 4th quarter. Valley National Advisers Inc. now owns 383,672 shares of the company’s stock valued at $17,214,000 after acquiring an additional 53,135 shares in the last quarter.

Fidelity Total Bond ETF Stock Up 0.2 %

Shares of NYSEARCA FBND opened at $45.15 on Wednesday. The firm has a market cap of $9.01 billion, a PE ratio of 8.85 and a beta of 0.19. The company’s fifty day simple moving average is $45.21 and its 200 day simple moving average is $45.83. Fidelity Total Bond ETF has a 12-month low of $44.01 and a 12-month high of $47.30.

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.