Capital Asset Advisory Services LLC Increases Stock Holdings in Fidelity Total Bond ETF (NYSEARCA:FBND)

Capital Asset Advisory Services LLC grew its position in Fidelity Total Bond ETF (NYSEARCA:FBND) by 67.6% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 41,691 shares of the company’s stock after buying an additional 16,816 shares during the quarter. Capital Asset Advisory Services LLC’s holdings in Fidelity Total Bond ETF were worth $1,871,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. JPMorgan Chase & Co. boosted its stake in shares of Fidelity Total Bond ETF by 2,874.0% during the third quarter. JPMorgan Chase & Co. now owns 3,007,184 shares of the company’s stock valued at $130,996,000 after acquiring an additional 2,906,069 shares during the last quarter. FMR LLC boosted its stake in shares of Fidelity Total Bond ETF by 26,366.0% during the third quarter. FMR LLC now owns 2,086,842 shares of the company’s stock valued at $90,903,000 after acquiring an additional 2,078,957 shares during the last quarter. RFG Advisory LLC boosted its stake in shares of Fidelity Total Bond ETF by 44.0% during the first quarter. RFG Advisory LLC now owns 3,578,128 shares of the company’s stock valued at $162,125,000 after acquiring an additional 1,093,311 shares during the last quarter. Sherrill & Hutchins Financial Advisory Inc acquired a new stake in shares of Fidelity Total Bond ETF during the fourth quarter valued at $33,506,000. Finally, Commonwealth Equity Services LLC boosted its stake in shares of Fidelity Total Bond ETF by 83.2% during the fourth quarter. Commonwealth Equity Services LLC now owns 1,536,701 shares of the company’s stock valued at $70,750,000 after acquiring an additional 697,993 shares during the last quarter.

Fidelity Total Bond ETF Stock Down 0.5 %

FBND opened at $44.93 on Friday. The firm 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 52 week low of $42.45 and a 52 week high of $46.21. The business’s fifty day simple moving average is $44.87 and its 200 day simple 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.