Geneos Wealth Management Inc. Acquires 394 Shares of Fidelity Total Bond ETF (NYSEARCA:FBND)

Geneos Wealth Management Inc. raised its stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 22.9% during the 1st quarter, according to its most recent filing with the SEC. The firm owned 2,114 shares of the company’s stock after acquiring an additional 394 shares during the period. Geneos Wealth Management Inc.’s holdings in Fidelity Total Bond ETF were worth $96,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the stock. RFG Advisory LLC grew its stake in shares of 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 valued at $162,125,000 after purchasing an additional 1,093,311 shares during the period. Sherrill & Hutchins Financial Advisory Inc bought a new position in Fidelity Total Bond ETF in the fourth quarter worth approximately $33,506,000. Raymond James Financial Services Advisors Inc. boosted its stake in shares of Fidelity Total Bond ETF by 44.7% during the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 2,333,512 shares of the company’s stock worth $105,731,000 after acquiring an additional 720,943 shares during the last quarter. Commonwealth Equity Services LLC boosted its stake in shares of Fidelity Total Bond ETF by 83.2% during the 4th quarter. Commonwealth Equity Services LLC now owns 1,536,701 shares of the company’s stock worth $70,750,000 after acquiring an additional 697,993 shares during the last quarter. Finally, Envestnet Asset Management Inc. grew its position in shares of Fidelity Total Bond ETF by 31.2% during the 4th 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 period.

Fidelity Total Bond ETF Stock Performance

Shares of Fidelity Total Bond ETF stock opened at $45.64 on Friday. The stock has a market cap of $9.11 billion, a P/E ratio of 8.85 and a beta of 0.19. The stock’s fifty day moving average is $45.05 and its 200 day moving average is $45.13. Fidelity Total Bond ETF has a one year low of $42.45 and a one year high of $46.21.

About Fidelity Total Bond ETF

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.