Peterson Wealth Advisors LLC Grows Position in Fidelity Total Bond ETF (NYSEARCA:FBND)

Peterson Wealth Advisors LLC grew its position in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 257.9% in the 4th quarter, Holdings Channel.com reports. The firm owned 112,366 shares of the company’s stock after buying an additional 80,970 shares during the period. Fidelity Total Bond ETF comprises approximately 0.9% of Peterson Wealth Advisors LLC’s portfolio, making the stock its 18th biggest holding. Peterson Wealth Advisors LLC’s holdings in Fidelity Total Bond ETF were worth $5,042,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in the company. Mutual Advisors LLC increased its holdings in Fidelity Total Bond ETF by 15.2% in the fourth quarter. Mutual Advisors LLC now owns 39,150 shares of the company’s stock valued at $1,759,000 after buying an additional 5,173 shares in the last quarter. Janney Montgomery Scott LLC grew its position in shares of Fidelity Total Bond ETF by 15.6% during the 4th quarter. Janney Montgomery Scott LLC now owns 130,516 shares of the company’s stock valued at $5,856,000 after acquiring an additional 17,609 shares during the period. Baker Ellis Asset Management LLC increased its stake in shares of Fidelity Total Bond ETF by 1.7% in the 4th quarter. Baker Ellis Asset Management LLC now owns 297,983 shares of the company’s stock valued at $13,370,000 after purchasing an additional 4,949 shares in the last quarter. Investment Advisory Group LLC raised its holdings in Fidelity Total Bond ETF by 21.1% in the 4th quarter. Investment Advisory Group LLC now owns 72,632 shares of the company’s stock worth $3,259,000 after purchasing an additional 12,654 shares during the period. Finally, Genesis Private Wealth LLC purchased a new position in Fidelity Total Bond ETF during the fourth quarter worth approximately $11,834,000.

Fidelity Total Bond ETF Trading Down 0.2 %

Shares of FBND opened at $44.99 on Thursday. The firm has a market cap of $8.98 billion, a P/E ratio of 8.85 and a beta of 0.19. Fidelity Total Bond ETF has a 12 month low of $44.01 and a 12 month high of $47.30. The stock’s 50 day moving average is $45.28 and its two-hundred day moving average is $45.85.

Fidelity Total Bond ETF Company Profile

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.