Insight Wealth Strategies LLC Purchases 1,767 Shares of Fidelity Total Bond ETF (NYSEARCA:FBND)

Insight Wealth Strategies LLC raised its position in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 12.1% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 16,317 shares of the company’s stock after purchasing an additional 1,767 shares during the quarter. Insight Wealth Strategies LLC’s holdings in Fidelity Total Bond ETF were worth $732,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the company. Mark Sheptoff Financial Planning LLC bought a new position in shares of Fidelity Total Bond ETF during the third quarter valued at approximately $25,000. Northwest Investment Counselors LLC bought a new position in Fidelity Total Bond ETF in the 3rd quarter worth $30,000. Highline Wealth Partners LLC purchased a new stake in shares of Fidelity Total Bond ETF in the 3rd quarter worth about $47,000. Strategic Financial Concepts LLC bought a new stake in shares of Fidelity Total Bond ETF during the 2nd quarter valued at about $49,000. Finally, Darwin Wealth Management LLC purchased a new position in shares of Fidelity Total Bond ETF during the third quarter valued at about $54,000.

Fidelity Total Bond ETF Trading Down 0.0 %

Fidelity Total Bond ETF stock traded down $0.02 during trading hours on Monday, hitting $44.85. 1,375,409 shares of the stock traded hands, compared to its average volume of 1,690,567. Fidelity Total Bond ETF has a one year low of $44.01 and a one year high of $47.30. The firm’s 50-day moving average price is $45.47 and its two-hundred day moving average price is $45.89. The company has a market cap of $8.95 billion, a PE ratio of 8.85 and a beta of 0.19.

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.