Brown Lisle Cummings Inc. Buys Shares of 834 Fidelity Total Bond ETF $FBND

Brown Lisle Cummings Inc. purchased a new stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 834 shares of the company’s stock, valued at approximately $38,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. ORG Partners LLC boosted its holdings in Fidelity Total Bond ETF by 92.5% in the second quarter. ORG Partners LLC now owns 31,434 shares of the company’s stock worth $1,438,000 after purchasing an additional 15,106 shares during the last quarter. BOS Asset Management LLC raised its position in shares of Fidelity Total Bond ETF by 0.4% during the 2nd quarter. BOS Asset Management LLC now owns 130,578 shares of the company’s stock valued at $5,974,000 after purchasing an additional 566 shares during the period. New Insight Wealth Advisors raised its position in shares of Fidelity Total Bond ETF by 6.2% during the 2nd quarter. New Insight Wealth Advisors now owns 339,668 shares of the company’s stock valued at $15,540,000 after purchasing an additional 19,844 shares during the period. Falcon Wealth Planning increased its holdings in Fidelity Total Bond ETF by 4.4% in the 2nd quarter. Falcon Wealth Planning now owns 1,191,508 shares of the company’s stock valued at $54,511,000 after acquiring an additional 50,745 shares during the last quarter. Finally, EdgeRock Capital LLC bought a new stake in Fidelity Total Bond ETF in the 2nd quarter valued at $17,629,000.

Fidelity Total Bond ETF Stock Performance

Shares of NYSEARCA FBND opened at $46.28 on Friday. The company has a market cap of $20.01 billion, a P/E ratio of 8.94 and a beta of 0.17. The firm’s fifty day moving average is $46.01 and its two-hundred day moving average is $45.57. Fidelity Total Bond ETF has a 52-week low of $44.30 and a 52-week high of $46.95.

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.