Diversify Wealth Management LLC Has $7.80 Million Stake in Fidelity Total Bond ETF (NYSEARCA:FBND)

Diversify Wealth Management LLC increased its position in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 16.0% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 170,598 shares of the company’s stock after buying an additional 23,514 shares during the quarter. Diversify Wealth Management LLC owned 0.09% of Fidelity Total Bond ETF worth $7,800,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the stock. Northwest Investment Counselors LLC bought a new stake in shares of Fidelity Total Bond ETF during the third quarter worth $30,000. Transcendent Capital Group LLC acquired a new stake in Fidelity Total Bond ETF in the 2nd quarter valued at $32,000. Centerpoint Advisors LLC bought a new position in shares of Fidelity Total Bond ETF in the 1st quarter valued at about $37,000. Highline Wealth Partners LLC bought a new stake in shares of Fidelity Total Bond ETF during the 3rd quarter worth approximately $47,000. Finally, Strategic Financial Concepts LLC acquired a new stake in Fidelity Total Bond ETF in the second quarter valued at $49,000.

Fidelity Total Bond ETF Trading Up 0.0 %

NYSEARCA:FBND traded up $0.01 on Wednesday, hitting $45.61. The company’s stock had a trading volume of 607,032 shares, compared to its average volume of 1,576,364. Fidelity Total Bond ETF has a one year low of $42.65 and a one year high of $47.30. The stock has a fifty day moving average of $46.51 and a two-hundred day moving average of $45.65. The firm has a market capitalization of $9.10 billion, a P/E ratio of 8.85 and a beta of 0.19.

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.