CGN Advisors LLC Has $917,000 Stake in Fidelity Total Bond ETF (NYSEARCA:FBND)

CGN Advisors LLC increased its stake in Fidelity Total Bond ETF (NYSEARCA:FBND) by 34.8% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 20,429 shares of the company’s stock after purchasing an additional 5,271 shares during the quarter. CGN Advisors LLC’s holdings in Fidelity Total Bond ETF were worth $917,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in FBND. Rockefeller Capital Management L.P. grew its position in shares of Fidelity Total Bond ETF by 3.1% in the third quarter. Rockefeller Capital Management L.P. now owns 39,999 shares of the company’s stock valued at $1,869,000 after purchasing an additional 1,188 shares during the last quarter. Marshall Financial Group LLC acquired a new stake in Fidelity Total Bond ETF in the 3rd quarter valued at approximately $843,000. Arete Wealth Advisors LLC increased its position in Fidelity Total Bond ETF by 78.3% in the 3rd quarter. Arete Wealth Advisors LLC now owns 448,065 shares of the company’s stock worth $20,923,000 after buying an additional 196,783 shares during the period. Cetera Investment Advisers lifted its holdings in shares of Fidelity Total Bond ETF by 31.7% during the second quarter. Cetera Investment Advisers now owns 1,591,785 shares of the company’s stock worth $71,519,000 after buying an additional 383,302 shares during the last quarter. Finally, Certified Advisory Corp boosted its position in shares of Fidelity Total Bond ETF by 4.9% in the second quarter. Certified Advisory Corp now owns 268,452 shares of the company’s stock valued at $12,062,000 after acquiring an additional 12,660 shares during the period.

Fidelity Total Bond ETF Trading Down 0.0 %

Shares of FBND stock opened at $44.92 on Friday. The firm 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 1 year low of $44.01 and a 1 year high of $47.30. The firm’s fifty day simple moving average is $45.30 and its 200 day simple moving average is $45.85.

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.