Compass Ion Advisors LLC Boosts Position in Fidelity Total Bond ETF (NYSEARCA:FBND)

Compass Ion Advisors LLC raised its stake in Fidelity Total Bond ETF (NYSEARCA:FBND) by 4.2% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 413,958 shares of the company’s stock after purchasing an additional 16,705 shares during the quarter. Fidelity Total Bond ETF accounts for 2.7% of Compass Ion Advisors LLC’s portfolio, making the stock its 6th biggest position. Compass Ion Advisors LLC owned 0.43% of Fidelity Total Bond ETF worth $18,756,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently made changes to their positions in FBND. Geneos Wealth Management Inc. raised its holdings in shares of Fidelity Total Bond ETF by 15.3% during the fourth quarter. Geneos Wealth Management Inc. now owns 1,720 shares of the company’s stock valued at $79,000 after acquiring an additional 228 shares in the last quarter. Ancora Advisors LLC lifted its position in shares of Fidelity Total Bond ETF by 0.6% in the 3rd quarter. Ancora Advisors LLC now owns 44,261 shares of the company’s stock worth $1,928,000 after purchasing an additional 268 shares during the period. CGN Advisors LLC boosted its stake in shares of Fidelity Total Bond ETF by 3.0% during the 1st quarter. CGN Advisors LLC now owns 11,462 shares of the company’s stock valued at $519,000 after purchasing an additional 336 shares in the last quarter. FinTrust Capital Advisors LLC grew its holdings in shares of Fidelity Total Bond ETF by 8.7% during the 4th quarter. FinTrust Capital Advisors LLC now owns 5,281 shares of the company’s stock worth $243,000 after acquiring an additional 424 shares during the period. Finally, Private Trust Co. NA raised its position in shares of Fidelity Total Bond ETF by 51.2% in the 4th quarter. Private Trust Co. NA now owns 1,616 shares of the company’s stock worth $74,000 after acquiring an additional 547 shares in the last quarter.

Fidelity Total Bond ETF Stock Down 0.5 %

NYSEARCA FBND opened at $44.93 on Monday. The firm has a market capitalization of $8.97 billion, a PE ratio of 8.85 and a beta of 0.19. The stock’s 50 day moving average is $44.87 and its 200 day moving average is $45.18. Fidelity Total Bond ETF has a twelve month low of $42.45 and a twelve month high of $46.21.

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.