Fidelity Total Bond ETF (NYSEARCA:FBND) Stock Position Boosted by Accelerate Investment Advisors LLC

Accelerate Investment Advisors LLC boosted its position in Fidelity Total Bond ETF (NYSEARCA:FBND) by 7.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 129,393 shares of the company’s stock after buying an additional 8,738 shares during the period. Fidelity Total Bond ETF makes up about 5.1% of Accelerate Investment Advisors LLC’s holdings, making the stock its 4th biggest position. Accelerate Investment Advisors LLC owned approximately 0.06% of Fidelity Total Bond ETF worth $5,806,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Mark Sheptoff Financial Planning LLC purchased a new stake in shares of Fidelity Total Bond ETF during the 3rd quarter worth $25,000. Northwest Investment Counselors LLC purchased a new stake in shares of Fidelity Total Bond ETF during the 3rd quarter worth $30,000. Highline Wealth Partners LLC purchased a new stake in shares of Fidelity Total Bond ETF during the 3rd quarter worth $47,000. Darwin Wealth Management LLC purchased a new stake in shares of Fidelity Total Bond ETF during the 3rd quarter worth $54,000. Finally, Wilmington Savings Fund Society FSB purchased a new stake in shares of Fidelity Total Bond ETF during the 3rd quarter worth $87,000.

Fidelity Total Bond ETF Stock Performance

FBND stock traded down $0.04 during trading on Monday, hitting $44.43. The stock had a trading volume of 1,332,128 shares, compared to its average volume of 1,879,153. The company’s 50 day moving average price is $45.38 and its two-hundred day moving average price is $45.87. Fidelity Total Bond ETF has a 1-year low of $44.01 and a 1-year high of $47.30. The stock has a market cap of $8.87 billion, a price-to-earnings ratio of 8.85 and a beta of 0.19.

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.