Fidelity Total Bond ETF (NYSEARCA:FBND) Shares Bought by Sherrill & Hutchins Financial Advisory Inc

Sherrill & Hutchins Financial Advisory Inc grew its stake in Fidelity Total Bond ETF (NYSEARCA:FBND) by 2.4% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 745,072 shares of the company’s stock after buying an additional 17,317 shares during the period. Fidelity Total Bond ETF accounts for about 30.7% of Sherrill & Hutchins Financial Advisory Inc’s holdings, making the stock its 2nd biggest holding. Sherrill & Hutchins Financial Advisory Inc owned 0.78% of Fidelity Total Bond ETF worth $33,759,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Geneos Wealth Management Inc. grew its stake in 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 worth $79,000 after purchasing an additional 228 shares during the period. Ancora Advisors LLC grew its stake in Fidelity Total Bond ETF by 0.6% during the third 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 grew its stake in Fidelity Total Bond ETF by 3.0% during the first quarter. CGN Advisors LLC now owns 11,462 shares of the company’s stock worth $519,000 after purchasing an additional 336 shares during the period. FinTrust Capital Advisors LLC grew its stake in Fidelity Total Bond ETF by 8.7% during the fourth quarter. FinTrust Capital Advisors LLC now owns 5,281 shares of the company’s stock worth $243,000 after purchasing an additional 424 shares during the period. Finally, Private Trust Co. NA grew its stake in Fidelity Total Bond ETF by 51.2% during the fourth quarter. Private Trust Co. NA now owns 1,616 shares of the company’s stock worth $74,000 after purchasing an additional 547 shares during the period.

Fidelity Total Bond ETF Price Performance

NYSEARCA FBND opened at $44.93 on Monday. The business has a 50 day simple moving average of $44.87 and a 200 day simple moving average of $45.18. Fidelity Total Bond ETF has a one year low of $42.45 and a one year high of $46.21. The stock has a market capitalization of $8.97 billion, a P/E ratio of 8.85 and a beta of 0.19.

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.