EverSource Wealth Advisors LLC Buys 1,405 Shares of Fidelity Total Bond ETF (NYSEARCA:FBND)

EverSource Wealth Advisors LLC increased its stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 46.6% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 4,418 shares of the company’s stock after acquiring an additional 1,405 shares during the quarter. EverSource Wealth Advisors LLC’s holdings in Fidelity Total Bond ETF were worth $195,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of FBND. Centerpoint Advisors LLC bought a new position in Fidelity Total Bond ETF during the first quarter worth $37,000. Pineridge Advisors LLC bought a new stake in Fidelity Total Bond ETF in the 4th quarter valued at $46,000. PNC Financial Services Group Inc. bought a new stake in Fidelity Total Bond ETF in the 4th quarter valued at $58,000. Private Trust Co. NA increased its holdings in Fidelity Total Bond ETF by 51.2% in the 4th quarter. Private Trust Co. NA now owns 1,616 shares of the company’s stock valued at $74,000 after buying an additional 547 shares during the period. Finally, Geneos Wealth Management Inc. increased its holdings in Fidelity Total Bond ETF by 15.3% in the 4th quarter. Geneos Wealth Management Inc. now owns 1,720 shares of the company’s stock valued at $79,000 after buying an additional 228 shares during the period.

Fidelity Total Bond ETF Stock Up 1.2 %

Fidelity Total Bond ETF stock traded up $0.53 on Friday, hitting $46.48. The company’s stock had a trading volume of 1,752,747 shares, compared to its average volume of 1,252,196. The firm has a market cap of $9.28 billion, a P/E ratio of 8.85 and a beta of 0.19. The company has a fifty day moving average price of $45.29 and a 200-day moving average price of $45.11. Fidelity Total Bond ETF has a one year low of $42.45 and a one year high of $46.49.

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.