Ameritas Advisory Services LLC Acquires 345,964 Shares of Fidelity Total Bond ETF (NYSEARCA:FBND)

Ameritas Advisory Services LLC lifted its holdings in Fidelity Total Bond ETF (NYSEARCA:FBND) by 50.6% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,029,253 shares of the company’s stock after purchasing an additional 345,964 shares during the quarter. Fidelity Total Bond ETF comprises about 1.6% of Ameritas Advisory Services LLC’s portfolio, making the stock its 10th biggest position. Ameritas Advisory Services LLC owned approximately 0.52% of Fidelity Total Bond ETF worth $46,183,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Mark Sheptoff Financial Planning LLC acquired a new stake in Fidelity Total Bond ETF in the third quarter worth about $25,000. Northwest Investment Counselors LLC acquired a new stake in Fidelity Total Bond ETF in the 3rd quarter worth approximately $30,000. Highline Wealth Partners LLC purchased a new stake in Fidelity Total Bond ETF during the 3rd quarter worth approximately $47,000. Darwin Wealth Management LLC acquired a new position in Fidelity Total Bond ETF during the 3rd quarter valued at approximately $54,000. Finally, Wilmington Savings Fund Society FSB purchased a new position in shares of Fidelity Total Bond ETF in the third quarter worth $87,000.

Fidelity Total Bond ETF Trading Down 0.0 %

NYSEARCA:FBND opened at $44.92 on Friday. The company has a market capitalization of $8.96 billion, a P/E ratio of 8.85 and a beta of 0.19. Fidelity Total Bond ETF has a 12 month low of $44.01 and a 12 month high of $47.30. The firm has a fifty day simple moving average of $45.30 and a 200-day simple moving average of $45.85.

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.