SageView Advisory Group LLC Has $3.09 Million Holdings in Fidelity Total Bond ETF (NYSEARCA:FBND)

SageView Advisory Group LLC raised its holdings in Fidelity Total Bond ETF (NYSEARCA:FBND) by 13.9% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 67,713 shares of the company’s stock after buying an additional 8,243 shares during the quarter. SageView Advisory Group LLC’s holdings in Fidelity Total Bond ETF were worth $3,085,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the business. JPMorgan Chase & Co. lifted its stake in Fidelity Total Bond ETF by 2,874.0% in the third quarter. JPMorgan Chase & Co. now owns 3,007,184 shares of the company’s stock valued at $130,996,000 after buying an additional 2,906,069 shares during the period. UBS Group AG lifted its holdings in shares of Fidelity Total Bond ETF by 0.8% in the 4th quarter. UBS Group AG now owns 2,440,424 shares of the company’s stock worth $112,357,000 after purchasing an additional 18,964 shares in the last quarter. Sequoia Financial Advisors LLC lifted its holdings in shares of Fidelity Total Bond ETF by 12.2% in the 4th quarter. Sequoia Financial Advisors LLC now owns 2,189,941 shares of the company’s stock worth $100,825,000 after purchasing an additional 237,581 shares in the last quarter. FMR LLC lifted its holdings in shares of Fidelity Total Bond ETF by 26,366.0% in the 3rd quarter. FMR LLC now owns 2,086,842 shares of the company’s stock worth $90,903,000 after purchasing an additional 2,078,957 shares in the last quarter. Finally, Envestnet Asset Management Inc. lifted its holdings in shares of Fidelity Total Bond ETF by 3.7% in the 3rd quarter. Envestnet Asset Management Inc. now owns 2,018,223 shares of the company’s stock worth $87,914,000 after purchasing an additional 71,238 shares in the last quarter.

Fidelity Total Bond ETF Trading Up 0.2 %

Shares of FBND traded up $0.08 during trading hours on Friday, reaching $44.89. The stock had a trading volume of 1,015,559 shares, compared to its average volume of 1,291,047. The company has a market capitalization of $8.96 billion, a price-to-earnings ratio of 8.85 and a beta of 0.19. The firm has a 50-day simple moving average of $44.75 and a 200 day simple moving average of $45.03. Fidelity Total Bond ETF has a 12 month low of $42.45 and a 12 month high of $46.21.

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.