Insight Wealth Partners LLC Increases Stock Holdings in Fidelity Total Bond ETF (NYSEARCA:FBND)

Insight Wealth Partners LLC raised its holdings in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 6.8% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 165,542 shares of the company’s stock after purchasing an additional 10,470 shares during the quarter. Fidelity Total Bond ETF accounts for approximately 1.5% of Insight Wealth Partners LLC’s investment portfolio, making the stock its 8th largest holding. Insight Wealth Partners LLC owned approximately 0.08% of Fidelity Total Bond ETF worth $7,737,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the stock. Marshall Financial Group LLC purchased a new stake in Fidelity Total Bond ETF in the 3rd quarter valued at about $843,000. Cetera Investment Advisers boosted its holdings in shares of Fidelity Total Bond ETF by 31.7% in the second quarter. Cetera Investment Advisers now owns 1,591,785 shares of the company’s stock valued at $71,519,000 after purchasing an additional 383,302 shares during the period. Harbour Investments Inc. grew its stake in Fidelity Total Bond ETF by 23.5% in the second quarter. Harbour Investments Inc. now owns 287,684 shares of the company’s stock worth $12,926,000 after purchasing an additional 54,676 shares in the last quarter. Certified Advisory Corp increased its holdings in Fidelity Total Bond ETF by 4.9% during the 2nd quarter. Certified Advisory Corp now owns 268,452 shares of the company’s stock worth $12,062,000 after purchasing an additional 12,660 shares during the period. Finally, AE Wealth Management LLC raised its position in Fidelity Total Bond ETF by 4.7% during the 2nd quarter. AE Wealth Management LLC now owns 10,296 shares of the company’s stock valued at $463,000 after purchasing an additional 459 shares in the last quarter.

Fidelity Total Bond ETF Trading Down 0.2 %

Shares of FBND stock opened at $45.73 on Wednesday. Fidelity Total Bond ETF has a twelve month low of $44.01 and a twelve month high of $47.30. The stock has a fifty day simple moving average of $46.00 and a two-hundred day simple moving average of $45.80. The stock has a market capitalization of $9.13 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.