Fidelity Total Bond ETF (NYSEARCA:FBND) Shares Bought by Scott Capital Advisors LLC

Scott Capital Advisors LLC grew its position in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 6.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 10,219 shares of the company’s stock after purchasing an additional 581 shares during the period. Scott Capital Advisors LLC’s holdings in Fidelity Total Bond ETF were worth $470,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the company. NBC Securities Inc. acquired a new stake in shares of Fidelity Total Bond ETF in the third quarter worth approximately $27,000. Activest Wealth Management acquired a new stake in shares of Fidelity Total Bond ETF in the third quarter worth approximately $44,000. Money Concepts Capital Corp acquired a new stake in shares of Fidelity Total Bond ETF in the fourth quarter worth approximately $46,000. Retirement Group LLC acquired a new stake in shares of Fidelity Total Bond ETF in the second quarter worth approximately $50,000. Finally, Sound Income Strategies LLC acquired a new stake in shares of Fidelity Total Bond ETF in the fourth quarter worth approximately $74,000.

Fidelity Total Bond ETF Stock Performance

Shares of FBND remained flat at $45.06 during mid-day trading on Monday. 775,762 shares of the company traded hands, compared to its average volume of 1,024,968. The business has a fifty day moving average of $45.37 and a 200-day moving average of $44.66. Fidelity Total Bond ETF has a twelve month low of $42.45 and a twelve month high of $46.53. The company has a market cap of $4.32 billion, a PE ratio of 12.64 and a beta of 0.17.

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.