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

Cornell Pochily Investment Advisors Inc. lifted its holdings in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 22.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 19,256 shares of the company’s stock after acquiring an additional 3,558 shares during the period. Cornell Pochily Investment Advisors Inc.’s holdings in Fidelity Total Bond ETF were worth $864,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Mark Sheptoff Financial Planning LLC purchased a new position in Fidelity Total Bond ETF during the 3rd quarter worth $25,000. Northwest Investment Counselors LLC acquired a new stake in shares of Fidelity Total Bond ETF during the third quarter worth about $30,000. Highline Wealth Partners LLC purchased a new position in shares of Fidelity Total Bond ETF during the third quarter worth about $47,000. Darwin Wealth Management LLC acquired a new position in Fidelity Total Bond ETF in the 3rd quarter valued at about $54,000. Finally, Wilmington Savings Fund Society FSB purchased a new stake in Fidelity Total Bond ETF during the 3rd quarter valued at approximately $87,000.

Fidelity Total Bond ETF Trading Up 0.2 %

Fidelity Total Bond ETF stock opened at $45.01 on Monday. The stock has a market capitalization of $8.98 billion, a price-to-earnings ratio of 8.85 and a beta of 0.19. The stock has a 50 day moving average of $45.26 and a two-hundred day moving average of $45.84. Fidelity Total Bond ETF has a twelve month low of $44.01 and a twelve month 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.