Wingate Wealth Advisors Inc. Purchases Shares of 9,391 Fidelity Total Bond ETF (NYSEARCA:FBND)

Wingate Wealth Advisors Inc. acquired a new position in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 9,391 shares of the company’s stock, valued at approximately $421,000.

A number of other large investors have also recently made changes to their positions in FBND. FMR LLC raised its holdings in shares of Fidelity Total Bond ETF by 2.2% in the 3rd quarter. FMR LLC now owns 12,604,148 shares of the company’s stock worth $589,118,000 after acquiring an additional 267,811 shares during the last quarter. Country Trust Bank raised its stake in shares of Fidelity Total Bond ETF by 0.5% in the fourth quarter. Country Trust Bank now owns 5,991,275 shares of the company’s stock worth $268,829,000 after purchasing an additional 31,173 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of Fidelity Total Bond ETF by 11.2% in the third quarter. JPMorgan Chase & Co. now owns 5,169,480 shares of the company’s stock valued at $241,622,000 after purchasing an additional 520,113 shares in the last quarter. RFG Advisory LLC lifted its holdings 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 purchasing an additional 250,764 shares in the last quarter. Finally, Mather Group LLC. grew its holdings in Fidelity Total Bond ETF by 3.0% during the fourth quarter. Mather Group LLC. now owns 3,651,935 shares of the company’s stock worth $163,862,000 after buying an additional 106,953 shares in the last quarter.

Fidelity Total Bond ETF Trading Down 0.4 %

Shares of NYSEARCA:FBND opened at $45.19 on Monday. The stock has a market cap of $9.02 billion, a PE ratio of 8.85 and a beta of 0.19. The stock’s fifty day simple moving average is $45.17 and its two-hundred day simple moving average is $45.82. Fidelity Total Bond ETF has a 1-year low of $44.01 and a 1-year high of $47.30.

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.