Valley National Advisers Inc. Has $13.03 Million Holdings in Fidelity Total Bond ETF (NYSEARCA:FBND)

Valley National Advisers Inc. raised its stake in Fidelity Total Bond ETF (NYSEARCA:FBNDGet Rating) by 686.1% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 279,303 shares of the company’s stock after acquiring an additional 243,772 shares during the quarter. Fidelity Total Bond ETF makes up approximately 2.7% of Valley National Advisers Inc.’s investment portfolio, making the stock its 5th largest position. Valley National Advisers Inc. owned 0.58% of Fidelity Total Bond ETF worth $13,032,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Country Trust Bank increased its stake in shares of Fidelity Total Bond ETF by 2.7% in the second quarter. Country Trust Bank now owns 4,682,393 shares of the company’s stock valued at $217,872,000 after buying an additional 123,516 shares during the period. Sequoia Financial Advisors LLC increased its stake in shares of Fidelity Total Bond ETF by 30.7% in the first quarter. Sequoia Financial Advisors LLC now owns 1,575,994 shares of the company’s stock valued at $78,437,000 after buying an additional 370,147 shares during the period. Adviser Investments LLC increased its position in Fidelity Total Bond ETF by 47.2% during the 2nd quarter. Adviser Investments LLC now owns 1,254,418 shares of the company’s stock valued at $58,368,000 after purchasing an additional 402,059 shares during the period. Capital Analysts LLC increased its position in Fidelity Total Bond ETF by 20,003.8% during the 1st quarter. Capital Analysts LLC now owns 1,130,437 shares of the company’s stock valued at $56,262,000 after purchasing an additional 1,124,814 shares during the period. Finally, Brookstone Capital Management acquired a new stake in Fidelity Total Bond ETF during the 1st quarter valued at approximately $51,901,000.

Fidelity Total Bond ETF Stock Performance

NYSEARCA:FBND traded down $0.30 on Friday, reaching $44.99. 9,589 shares of the stock traded hands, compared to its average volume of 435,217. The company’s 50 day moving average is $46.95 and its 200-day moving average is $47.64. Fidelity Total Bond ETF has a 1-year low of $45.20 and a 1-year high of $53.80.

See Also

Want to see what other hedge funds are holding FBND? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Fidelity Total Bond ETF (NYSEARCA:FBNDGet Rating).

Institutional Ownership by Quarter for Fidelity Total Bond ETF (NYSEARCA:FBND)

Receive News & Ratings for Fidelity Total Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fidelity Total Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.