Fidelity Total Bond ETF (NYSEARCA:FBND) Stock Holdings Increased by Cornell Pochily Investment Advisors Inc.

Cornell Pochily Investment Advisors Inc. raised its holdings in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 15.2% during the 4th quarter, Holdings Channel reports. The fund owned 22,243 shares of the company’s stock after purchasing an additional 2,937 shares during the period. Cornell Pochily Investment Advisors Inc.’s holdings in Fidelity Total Bond ETF were worth $1,024,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently added to or reduced their stakes in the company. Country Trust Bank increased its position in shares of Fidelity Total Bond ETF by 4.2% during the 3rd quarter. Country Trust Bank now owns 4,904,177 shares of the company’s stock valued at $213,626,000 after purchasing an additional 198,664 shares during the period. Bank of America Corp DE increased its position in shares of Fidelity Total Bond ETF by 316.7% during the 1st quarter. Bank of America Corp DE now owns 3,081,245 shares of the company’s stock valued at $141,737,000 after purchasing an additional 2,341,860 shares during the period. RFG Advisory LLC grew its holdings in shares of Fidelity Total Bond ETF by 15.9% in the 3rd quarter. RFG Advisory LLC now owns 3,080,578 shares of the company’s stock worth $134,190,000 after acquiring an additional 423,323 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in shares of Fidelity Total Bond ETF by 2,874.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 3,007,184 shares of the company’s stock worth $130,996,000 after acquiring an additional 2,906,069 shares during the last quarter. Finally, Legacy Wealth Management Inc acquired a new position in shares of Fidelity Total Bond ETF in the 3rd quarter worth $120,780,000.

Fidelity Total Bond ETF Trading Down 0.1 %

Shares of NYSEARCA FBND traded down $0.03 during mid-day trading on Thursday, reaching $45.32. The company had a trading volume of 216,993 shares, compared to its average volume of 1,000,148. The stock has a market cap of $4.35 billion, a PE ratio of 12.64 and a beta of 0.17. The company has a 50-day moving average price of $45.31 and a two-hundred day moving average price of $44.70. Fidelity Total Bond ETF has a 1-year low of $42.45 and a 1-year high of $46.53.

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.