Fidelity Total Bond ETF (NYSEARCA:FBND) Stake Boosted by Harbor Group Inc.

Harbor Group Inc. grew its position in Fidelity Total Bond ETF (NYSEARCA:FBND) by 5.4% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 797,278 shares of the company’s stock after purchasing an additional 40,789 shares during the quarter. Fidelity Total Bond ETF comprises approximately 9.5% of Harbor Group Inc.’s investment portfolio, making the stock its 3rd biggest holding. Harbor Group Inc.’s holdings in Fidelity Total Bond ETF were worth $36,125,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of FBND. FMR LLC grew its holdings in shares of Fidelity Total Bond ETF by 26,366.0% during the third quarter. FMR LLC now owns 2,086,842 shares of the company’s stock valued at $90,903,000 after buying an additional 2,078,957 shares during the last quarter. Mariner LLC lifted its position in Fidelity Total Bond ETF by 1.1% during the third quarter. Mariner LLC now owns 65,771 shares of the company’s stock valued at $2,865,000 after purchasing an additional 717 shares during the period. O Shaughnessy Asset Management LLC acquired a new position in Fidelity Total Bond ETF during the third quarter valued at $309,000. Mather Group LLC. lifted its position in Fidelity Total Bond ETF by 40.0% during the third quarter. Mather Group LLC. now owns 24,306 shares of the company’s stock valued at $1,059,000 after purchasing an additional 6,945 shares during the period. Finally, Trustmark National Bank Trust Department lifted its position in Fidelity Total Bond ETF by 9.7% during the third quarter. Trustmark National Bank Trust Department now owns 9,336 shares of the company’s stock valued at $407,000 after purchasing an additional 829 shares during the period.

Fidelity Total Bond ETF Stock Performance

NYSEARCA FBND traded down $0.13 on Friday, reaching $45.01. 470,268 shares of the company’s stock traded hands, compared to its average volume of 1,239,157. The firm has a market cap of $8.98 billion, a price-to-earnings ratio of 8.85 and a beta of 0.19. The stock has a 50 day moving average price of $44.85 and a 200-day moving average price of $45.18. Fidelity Total Bond ETF has a fifty-two week low of $42.45 and a fifty-two week high of $46.21.

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.