Fidelity Total Bond ETF (NYSEARCA:FBND) Shares Acquired by Insight Wealth Strategies LLC

Insight Wealth Strategies LLC grew its stake in Fidelity Total Bond ETF (NYSEARCA:FBND) by 3.0% during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 14,897 shares of the company’s stock after purchasing an additional 440 shares during the quarter. Insight Wealth Strategies LLC’s holdings in Fidelity Total Bond ETF were worth $669,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. RFG Advisory LLC raised its stake in Fidelity Total Bond ETF by 44.0% during the first quarter. RFG Advisory LLC now owns 3,578,128 shares of the company’s stock worth $162,125,000 after acquiring an additional 1,093,311 shares during the period. Legacy Wealth Management Inc raised its stake in Fidelity Total Bond ETF by 3.8% during the first quarter. Legacy Wealth Management Inc now owns 2,808,495 shares of the company’s stock worth $127,253,000 after acquiring an additional 101,951 shares during the period. Envestnet Asset Management Inc. raised its stake in Fidelity Total Bond ETF by 31.2% during the fourth quarter. Envestnet Asset Management Inc. now owns 2,647,000 shares of the company’s stock worth $121,868,000 after acquiring an additional 628,777 shares during the period. UBS Group AG raised its stake in Fidelity Total Bond ETF by 0.8% during the fourth quarter. UBS Group AG now owns 2,440,424 shares of the company’s stock worth $112,357,000 after acquiring an additional 18,964 shares during the period. Finally, Sequoia Financial Advisors LLC grew its position in Fidelity Total Bond ETF by 11.3% in the 1st quarter. Sequoia Financial Advisors LLC now owns 2,437,462 shares of the company’s stock worth $110,441,000 after purchasing an additional 247,521 shares during the last quarter.

Fidelity Total Bond ETF Stock Performance

Shares of NYSEARCA:FBND traded down $0.27 during trading hours on Tuesday, hitting $46.13. The stock had a trading volume of 1,694,103 shares, compared to its average volume of 1,260,002. The stock’s fifty day simple moving average is $45.32 and its 200 day simple moving average is $45.11. Fidelity Total Bond ETF has a 1-year low of $42.45 and a 1-year high of $46.71. The firm has a market capitalization of $9.21 billion, a price-to-earnings ratio of 8.85 and a beta of 0.19.

About Fidelity Total Bond ETF

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.