Quad Cities Investment Group LLC Boosts Holdings in Fidelity Total Bond ETF (NYSEARCA:FBND)

Quad Cities Investment Group LLC raised its holdings in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 34.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 85,680 shares of the company’s stock after buying an additional 21,769 shares during the period. Fidelity Total Bond ETF comprises 1.9% of Quad Cities Investment Group LLC’s portfolio, making the stock its 12th largest holding. Quad Cities Investment Group LLC’s holdings in Fidelity Total Bond ETF were worth $3,844,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Rockefeller Capital Management L.P. grew its position in shares of Fidelity Total Bond ETF by 3.1% during the 3rd quarter. Rockefeller Capital Management L.P. now owns 39,999 shares of the company’s stock valued at $1,869,000 after acquiring an additional 1,188 shares during the period. Marshall Financial Group LLC bought a new stake in Fidelity Total Bond ETF during the third quarter valued at about $843,000. Arete Wealth Advisors LLC increased its position in Fidelity Total Bond ETF by 78.3% in the third quarter. Arete Wealth Advisors LLC now owns 448,065 shares of the company’s stock worth $20,923,000 after buying an additional 196,783 shares in the last quarter. Cetera Investment Advisers increased its position in 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 worth $71,519,000 after buying an additional 383,302 shares in the last quarter. Finally, Certified Advisory Corp raised its stake in shares of Fidelity Total Bond ETF by 4.9% in the second quarter. Certified Advisory Corp now owns 268,452 shares of the company’s stock worth $12,062,000 after buying an additional 12,660 shares during the period.

Fidelity Total Bond ETF Trading Down 0.1 %

Shares of NYSEARCA:FBND opened at $44.41 on Tuesday. The stock has a 50 day moving average of $45.36 and a 200 day moving average of $45.86. The company has a market cap of $8.86 billion, a PE ratio of 8.85 and a beta of 0.19. 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.