Wealth Enhancement Advisory Services LLC Has $7.84 Million Holdings in Fidelity Total Bond ETF (NYSEARCA:FBND)

Wealth Enhancement Advisory Services LLC decreased its position in Fidelity Total Bond ETF (NYSEARCA:FBND) by 65.1% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 173,080 shares of the company’s stock after selling 323,384 shares during the quarter. Wealth Enhancement Advisory Services LLC owned 0.18% of Fidelity Total Bond ETF worth $7,842,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the company. RFG Advisory LLC boosted its position in Fidelity Total Bond ETF by 44.0% during the 1st quarter. RFG Advisory LLC now owns 3,578,128 shares of the company’s stock worth $162,125,000 after acquiring an additional 1,093,311 shares during the last quarter. JPMorgan Chase & Co. lifted its position in Fidelity Total Bond ETF by 2,874.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 3,007,184 shares of the company’s stock worth $130,996,000 after buying an additional 2,906,069 shares in the last quarter. Legacy Wealth Management Inc grew its holdings in shares of Fidelity Total Bond ETF by 3.8% in the 1st quarter. Legacy Wealth Management Inc now owns 2,808,495 shares of the company’s stock valued at $127,253,000 after acquiring an additional 101,951 shares in the last quarter. Envestnet Asset Management Inc. increased its position in shares of Fidelity Total Bond ETF by 31.2% in the fourth quarter. Envestnet Asset Management Inc. now owns 2,647,000 shares of the company’s stock valued at $121,868,000 after acquiring an additional 628,777 shares during the last quarter. Finally, UBS Group AG grew its stake in Fidelity Total Bond ETF by 0.8% in the fourth quarter. UBS Group AG now owns 2,440,424 shares of the company’s stock valued at $112,357,000 after purchasing an additional 18,964 shares in the last quarter.

Fidelity Total Bond ETF Stock Down 0.5 %

Shares of Fidelity Total Bond ETF stock opened at $44.93 on Monday. The stock has a market cap of $8.97 billion, a P/E ratio of 8.85 and a beta of 0.19. Fidelity Total Bond ETF has a 12-month low of $42.45 and a 12-month high of $46.21. The business’s 50 day moving average is $44.87 and its 200-day moving average is $45.18.

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.