Ibex Wealth Advisors Acquires New Shares in Fidelity Total Bond ETF (NYSEARCA:FBND)

Ibex Wealth Advisors bought a new position in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 26,955 shares of the company’s stock, valued at approximately $1,209,000.

Other institutional investors also recently modified their holdings of the company. FMR LLC increased its stake in Fidelity Total Bond ETF by 2.2% during the 3rd quarter. FMR LLC now owns 12,604,148 shares of the company’s stock worth $589,118,000 after purchasing an additional 267,811 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in shares of Fidelity Total Bond ETF by 11.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 5,169,480 shares of the company’s stock valued at $241,622,000 after acquiring an additional 520,113 shares in the last quarter. RFG Advisory LLC increased its position in shares of Fidelity Total Bond ETF by 6.2% in the fourth quarter. RFG Advisory LLC now owns 4,293,510 shares of the company’s stock valued at $192,650,000 after acquiring an additional 250,764 shares during the last quarter. Mather Group LLC. raised its holdings in Fidelity Total Bond ETF by 4,145.0% during the third quarter. Mather Group LLC. now owns 3,544,982 shares of the company’s stock worth $165,692,000 after acquiring an additional 3,461,472 shares in the last quarter. Finally, Legacy Wealth Management Inc boosted its position in Fidelity Total Bond ETF by 4.9% during the fourth quarter. Legacy Wealth Management Inc now owns 3,080,887 shares of the company’s stock valued at $138,239,000 after purchasing an additional 143,631 shares during the last quarter.

Fidelity Total Bond ETF Stock Up 0.1 %

Shares of FBND stock traded up $0.04 on Wednesday, reaching $45.23. The stock had a trading volume of 91,417 shares, compared to its average volume of 1,935,227. Fidelity Total Bond ETF has a 12 month low of $44.01 and a 12 month high of $47.30. The firm has a market capitalization of $9.02 billion, a price-to-earnings ratio of 8.85 and a beta of 0.19. The firm’s 50-day moving average is $45.25 and its two-hundred day moving average is $45.85.

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.