Ibex Wealth Advisors Invests $1.21 Million in Fidelity Total Bond ETF (NYSEARCA:FBND)

Ibex Wealth Advisors acquired a new position in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 26,955 shares of the company’s stock, valued at approximately $1,209,000.

A number of other institutional investors and hedge funds have also bought and sold shares of FBND. Mark Sheptoff Financial Planning LLC bought a new position in shares of Fidelity Total Bond ETF in the 3rd quarter worth about $25,000. Northwest Investment Counselors LLC bought a new stake in Fidelity Total Bond ETF in the third quarter worth approximately $30,000. Highline Wealth Partners LLC acquired a new position in Fidelity Total Bond ETF in the third quarter valued at approximately $47,000. Darwin Wealth Management LLC bought a new position in shares of Fidelity Total Bond ETF during the 3rd quarter worth approximately $54,000. Finally, Wilmington Savings Fund Society FSB acquired a new stake in shares of Fidelity Total Bond ETF during the 3rd quarter worth approximately $87,000.

Fidelity Total Bond ETF Stock Up 0.1 %

NYSEARCA:FBND traded up $0.04 during trading hours on Wednesday, reaching $45.23. The company had a trading volume of 91,417 shares, compared to its average volume of 1,935,227. The firm has a market cap of $9.02 billion, a price-to-earnings ratio of 8.85 and a beta of 0.19. The business’s 50-day simple moving average is $45.25 and its two-hundred day simple moving average is $45.85. Fidelity Total Bond ETF has a twelve month low of $44.01 and a twelve month high of $47.30.

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.