NBC Securities Inc. purchased a new position in shares of Fidelity Total Bond ETF (NYSEARCA:FBND – Free Report) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 628 shares of the company’s stock, valued at approximately $28,000.
A number of other hedge funds have also recently added to or reduced their stakes in FBND. Tallon Kerry Patrick purchased a new position in Fidelity Total Bond ETF during the 4th quarter worth approximately $999,000. Capital & Planning LLC grew its stake in Fidelity Total Bond ETF by 122.1% during the 4th quarter. Capital & Planning LLC now owns 67,562 shares of the company’s stock worth $3,048,000 after buying an additional 37,149 shares during the last quarter. Sunburst Financial Group LLC grew its stake in Fidelity Total Bond ETF by 13.4% during the 4th quarter. Sunburst Financial Group LLC now owns 986,466 shares of the company’s stock worth $44,263,000 after buying an additional 116,425 shares during the last quarter. Rooted Wealth Advisors Inc. grew its stake in Fidelity Total Bond ETF by 11.5% during the 4th quarter. Rooted Wealth Advisors Inc. now owns 176,048 shares of the company’s stock worth $7,868,000 after buying an additional 18,137 shares during the last quarter. Finally, DeDora Capital Inc. grew its stake in shares of Fidelity Total Bond ETF by 0.6% in the 4th quarter. DeDora Capital Inc. now owns 406,343 shares of the company’s stock valued at $18,233,000 after purchasing an additional 2,243 shares during the last quarter.
Fidelity Total Bond ETF Trading Down 0.4%
Shares of FBND stock opened at $45.31 on Friday. The business’s 50 day moving average is $45.15 and its two-hundred day moving average is $45.28. Fidelity Total Bond ETF has a twelve month low of $44.30 and a twelve month high of $47.30. The company has a market capitalization of $18.69 billion, a P/E ratio of 8.94 and a beta of 0.26.
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.
Featured Stories
- Five stocks we like better than Fidelity Total Bond ETF
- Why Are These Companies Considered Blue Chips?
- IBM Up 10 Days in a Row: What’s Driving the Winning Streak?
- With Risk Tolerance, One Size Does Not Fit All
- Upstart Stock’s Bull Case Just Got a Lot Stronger
- Where to Find Earnings Call Transcripts
- Higher Gulf Oil Output Puts These Energy Names in Play
Receive News & Ratings for Fidelity Total Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fidelity Total Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.