Physician Wealth Advisors Inc. Boosts Stake in Fidelity Total Bond ETF (NYSEARCA:FBND)

Physician Wealth Advisors Inc. lifted its holdings in Fidelity Total Bond ETF (NYSEARCA:FBNDFree Report) by 16.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 172,708 shares of the company’s stock after purchasing an additional 24,011 shares during the quarter. Fidelity Total Bond ETF accounts for about 1.8% of Physician Wealth Advisors Inc.’s investment portfolio, making the stock its 14th biggest holding. Physician Wealth Advisors Inc.’s holdings in Fidelity Total Bond ETF were worth $7,860,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of FBND. Financial Management Professionals Inc. purchased a new position in shares of Fidelity Total Bond ETF in the fourth quarter worth $25,000. NBC Securities Inc. purchased a new position in shares of Fidelity Total Bond ETF in the third quarter worth $27,000. Activest Wealth Management bought a new stake in shares of Fidelity Total Bond ETF in the third quarter worth $44,000. Money Concepts Capital Corp bought a new stake in shares of Fidelity Total Bond ETF in the fourth quarter worth $46,000. Finally, Retirement Group LLC bought a new stake in shares of Fidelity Total Bond ETF in the second quarter worth $50,000.

Fidelity Total Bond ETF Price Performance

Shares of FBND traded down $0.01 during trading hours on Tuesday, hitting $44.95. The stock had a trading volume of 1,014,005 shares, compared to its average volume of 1,021,927. Fidelity Total Bond ETF has a 12 month low of $42.45 and a 12 month high of $46.53. The firm has a market capitalization of $4.31 billion, a PE ratio of 12.64 and a beta of 0.17. The stock has a fifty day moving average price of $45.28 and a 200 day moving average price of $44.72.

Fidelity Total Bond ETF Company Profile

(Free Report)

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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Institutional Ownership by Quarter for Fidelity Total Bond ETF (NYSEARCA:FBND)

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