Milestone Investment Advisors LLC lifted its stake in Fidelity Total Bond ETF (NYSEARCA:FBND – Free Report) by 2,193.3% in the fourth quarter, HoldingsChannel reports. The fund owned 225,937 shares of the company’s stock after purchasing an additional 216,085 shares during the quarter. Fidelity Total Bond ETF makes up 2.8% of Milestone Investment Advisors LLC’s holdings, making the stock its 11th largest holding. Milestone Investment Advisors LLC’s holdings in Fidelity Total Bond ETF were worth $10,138,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also made changes to their positions in the company. Rockefeller Capital Management L.P. boosted its stake in Fidelity Total Bond ETF by 3.1% during the 3rd 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 in the last quarter. Captrust Financial Advisors lifted its holdings in shares of Fidelity Total Bond ETF by 0.9% in the third quarter. Captrust Financial Advisors now owns 80,052 shares of the company’s stock valued at $3,742,000 after buying an additional 680 shares during the period. Arete Wealth Advisors LLC boosted its stake in Fidelity Total Bond ETF by 78.3% during the third quarter. Arete Wealth Advisors LLC now owns 448,065 shares of the company’s stock valued at $20,923,000 after buying an additional 196,783 shares in the last quarter. Flow Traders U.S. LLC grew its holdings in Fidelity Total Bond ETF by 12.8% during the third quarter. Flow Traders U.S. LLC now owns 11,360 shares of the company’s stock worth $531,000 after acquiring an additional 1,288 shares during the period. Finally, HighTower Advisors LLC raised its position in Fidelity Total Bond ETF by 9.2% in the third quarter. HighTower Advisors LLC now owns 695,249 shares of the company’s stock worth $32,481,000 after acquiring an additional 58,405 shares in the last quarter.
Fidelity Total Bond ETF Trading Down 0.0 %
Shares of NYSEARCA FBND opened at $45.72 on Thursday. Fidelity Total Bond ETF has a twelve month low of $44.01 and a twelve month high of $47.30. The firm has a 50-day moving average of $45.44 and a two-hundred day moving average of $45.60. The company has a market capitalization of $18.26 billion, a price-to-earnings ratio of 9.03 and a beta of 0.26.
Fidelity Total Bond ETF Cuts Dividend
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.
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