Fidelity Total Bond ETF $FBND is DeDora Capital Inc.’s 3rd Largest Position

DeDora Capital Inc. grew its holdings in Fidelity Total Bond ETF (NYSEARCA:FBND) by 2.6% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 597,083 shares of the company’s stock after acquiring an additional 15,178 shares during the period. Fidelity Total Bond ETF comprises about 6.7% of DeDora Capital Inc.’s investment portfolio, making the stock its 3rd biggest position. DeDora Capital Inc. owned about 0.13% of Fidelity Total Bond ETF worth $27,609,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in FBND. Wealth Enhancement Advisory Services LLC lifted its holdings in Fidelity Total Bond ETF by 1.8% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 150,385 shares of the company’s stock worth $6,862,000 after purchasing an additional 2,642 shares in the last quarter. Diversified Trust Co bought a new stake in shares of Fidelity Total Bond ETF during the second quarter valued at approximately $427,000. Compass Ion Advisors LLC lifted its holdings in shares of Fidelity Total Bond ETF by 6.7% in the second quarter. Compass Ion Advisors LLC now owns 654,193 shares of the company’s stock worth $29,929,000 after buying an additional 41,141 shares in the last quarter. Scott Capital Advisors LLC boosted its position in shares of Fidelity Total Bond ETF by 334.7% during the second quarter. Scott Capital Advisors LLC now owns 39,527 shares of the company’s stock worth $1,803,000 after acquiring an additional 30,434 shares during the last quarter. Finally, Bond & Devick Financial Network Inc. grew its stake in Fidelity Total Bond ETF by 9.0% during the second quarter. Bond & Devick Financial Network Inc. now owns 29,933 shares of the company’s stock valued at $1,369,000 after acquiring an additional 2,483 shares in the last quarter.

Fidelity Total Bond ETF Stock Down 0.2%

Shares of FBND stock opened at $46.11 on Monday. The company’s fifty day simple moving average is $46.28 and its two-hundred day simple moving average is $46.16. Fidelity Total Bond ETF has a 52 week low of $44.30 and a 52 week high of $46.86. The stock has a market cap of $23.81 billion, a P/E ratio of 8.94 and a beta of 0.28.

Fidelity Total Bond ETF 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.