Atria Wealth Solutions Inc. Buys 51,269 Shares of Fidelity Total Bond ETF (NYSEARCA:FBND)

Atria Wealth Solutions Inc. lifted its stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 17.9% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 337,452 shares of the company’s stock after acquiring an additional 51,269 shares during the quarter. Atria Wealth Solutions Inc. owned approximately 0.17% of Fidelity Total Bond ETF worth $15,221,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Thrivent Financial for Lutherans boosted its position in shares of Fidelity Total Bond ETF by 85.1% in the third quarter. Thrivent Financial for Lutherans now owns 2,159,030 shares of the company’s stock worth $100,976,000 after purchasing an additional 992,739 shares during the period. Aptus Capital Advisors LLC purchased a new position in shares of Fidelity Total Bond ETF during the 3rd quarter valued at $40,718,000. Valeo Financial Advisors LLC boosted its holdings in Fidelity Total Bond ETF by 322.9% in the 4th quarter. Valeo Financial Advisors LLC now owns 942,475 shares of the company’s stock worth $42,289,000 after buying an additional 719,592 shares during the period. Sax Wealth Advisors LLC raised its holdings in Fidelity Total Bond ETF by 94.0% during the fourth quarter. Sax Wealth Advisors LLC now owns 1,394,635 shares of the company’s stock valued at $62,577,000 after acquiring an additional 675,795 shares during the period. Finally, OLIO Financial Planning lifted its position in shares of Fidelity Total Bond ETF by 584.5% in the fourth quarter. OLIO Financial Planning now owns 765,888 shares of the company’s stock valued at $34,365,000 after acquiring an additional 653,991 shares in the last quarter.

Fidelity Total Bond ETF Stock Up 0.4 %

NYSEARCA FBND opened at $45.32 on Tuesday. The business has a 50-day moving average price of $45.09 and a 200-day moving average price of $45.81. The firm has a market cap of $9.04 billion, a price-to-earnings ratio of 8.85 and a beta of 0.19. Fidelity Total Bond ETF has a twelve month low of $44.01 and a twelve month high of $47.30.

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.