Fidelity Total Bond ETF (NYSEARCA:FBND) Stock Position Raised by Ancora Advisors LLC

Ancora Advisors LLC grew its stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 8.6% in the 1st quarter, HoldingsChannel reports. The firm owned 32,678 shares of the company’s stock after acquiring an additional 2,577 shares during the quarter. Ancora Advisors LLC’s holdings in Fidelity Total Bond ETF were worth $1,481,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of FBND. Wheelhouse Advisory Group LLC raised its holdings in Fidelity Total Bond ETF by 1.8% during the 1st quarter. Wheelhouse Advisory Group LLC now owns 12,517 shares of the company’s stock worth $567,000 after buying an additional 227 shares during the period. Geneos Wealth Management Inc. increased its position in shares of Fidelity Total Bond ETF by 15.3% in the fourth quarter. Geneos Wealth Management Inc. now owns 1,720 shares of the company’s stock worth $79,000 after acquiring an additional 228 shares in the last quarter. Arkadios Wealth Advisors lifted its position in shares of Fidelity Total Bond ETF by 5.5% in the 1st quarter. Arkadios Wealth Advisors now owns 6,244 shares of the company’s stock valued at $283,000 after acquiring an additional 323 shares in the last quarter. CGN Advisors LLC lifted its position in shares of Fidelity Total Bond ETF by 3.0% in the 1st quarter. CGN Advisors LLC now owns 11,462 shares of the company’s stock valued at $519,000 after acquiring an additional 336 shares in the last quarter. Finally, FinTrust Capital Advisors LLC boosted its stake in Fidelity Total Bond ETF by 7.5% in the 1st quarter. FinTrust Capital Advisors LLC now owns 5,675 shares of the company’s stock worth $257,000 after purchasing an additional 394 shares during the period.

Fidelity Total Bond ETF Stock Up 0.6 %

Shares of NYSEARCA:FBND opened at $45.81 on Thursday. The company has a market cap of $9.14 billion, a P/E ratio of 8.85 and a beta of 0.19. The company’s fifty day moving average is $45.23 and its two-hundred day moving average is $45.10. 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.