Capital Wealth Management LLC Makes New Investment in Fidelity Total Bond ETF (NYSEARCA:FBND)

Capital Wealth Management LLC acquired a new position in Fidelity Total Bond ETF (NYSEARCA:FBNDGet Rating) during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 15,702 shares of the company’s stock, valued at approximately $781,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of FBND. Brookstone Capital Management purchased a new stake in Fidelity Total Bond ETF in the first quarter worth about $51,901,000. Sequoia Financial Advisors LLC lifted its stake in shares of Fidelity Total Bond ETF by 164.6% in the fourth quarter. Sequoia Financial Advisors LLC now owns 1,205,847 shares of the company’s stock worth $63,934,000 after buying an additional 750,056 shares in the last quarter. Wealth Enhancement Advisory Services LLC bought a new position in shares of Fidelity Total Bond ETF in the first quarter worth approximately $32,658,000. Rational Advisors LLC bought a new position in shares of Fidelity Total Bond ETF in the first quarter worth approximately $26,801,000. Finally, Allworth Financial LP lifted its stake in shares of Fidelity Total Bond ETF by 2,052.2% in the first quarter. Allworth Financial LP now owns 533,128 shares of the company’s stock worth $26,534,000 after buying an additional 508,357 shares in the last quarter.

Fidelity Total Bond ETF Trading Down 0.6 %

Shares of NYSEARCA FBND traded down $0.28 during midday trading on Wednesday, hitting $47.49. The stock had a trading volume of 4,580 shares, compared to its average volume of 459,393. The business’s 50 day moving average is $47.03 and its 200-day moving average is $48.52. Fidelity Total Bond ETF has a 52 week low of $45.68 and a 52 week high of $53.89.

See Also

Institutional Ownership by Quarter for Fidelity Total Bond ETF (NYSEARCA:FBND)

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