Clarity Wealth Advisors LLC Boosts Stake in Fidelity Total Bond ETF (NYSEARCA:FBND)

Clarity Wealth Advisors LLC increased its holdings in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 35.2% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 69,945 shares of the company’s stock after acquiring an additional 18,208 shares during the period. Fidelity Total Bond ETF makes up approximately 1.1% of Clarity Wealth Advisors LLC’s portfolio, making the stock its 29th biggest holding. Clarity Wealth Advisors LLC owned 0.07% of Fidelity Total Bond ETF worth $3,169,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Mariner LLC grew its holdings in Fidelity Total Bond ETF by 1.1% in the third quarter. Mariner LLC now owns 65,771 shares of the company’s stock valued at $2,865,000 after purchasing an additional 717 shares during the last quarter. O Shaughnessy Asset Management LLC purchased a new position in Fidelity Total Bond ETF during the 3rd quarter valued at about $309,000. Ancora Advisors LLC lifted its holdings in shares of Fidelity Total Bond ETF by 0.6% in the third quarter. Ancora Advisors LLC now owns 44,261 shares of the company’s stock valued at $1,928,000 after purchasing an additional 268 shares in the last quarter. Advisors Asset Management Inc. lifted its holdings in shares of Fidelity Total Bond ETF by 38.0% in the third quarter. Advisors Asset Management Inc. now owns 9,479 shares of the company’s stock valued at $413,000 after purchasing an additional 2,611 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its stake in shares of Fidelity Total Bond ETF by 2,874.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 3,007,184 shares of the company’s stock worth $130,996,000 after purchasing an additional 2,906,069 shares in the last quarter.

Fidelity Total Bond ETF Stock Down 0.5 %

Shares of Fidelity Total Bond ETF stock traded down $0.21 during trading on Friday, hitting $44.93. 1,122,481 shares of the company were exchanged, compared to its average volume of 1,244,409. Fidelity Total Bond ETF has a fifty-two week low of $42.45 and a fifty-two week high of $46.21. The firm has a 50 day moving average price of $44.87 and a 200 day moving average price of $45.18. The stock has a market capitalization of $8.97 billion, a price-to-earnings ratio of 8.85 and a beta of 0.19.

Fidelity Total Bond ETF 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.