Destiny Capital Corp CO Grows Stake in Fidelity Total Bond ETF (NYSEARCA:FBND)

Destiny Capital Corp CO increased its holdings in Fidelity Total Bond ETF (NYSEARCA:FBND) by 13.4% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 306,882 shares of the company’s stock after purchasing an additional 36,221 shares during the period. Fidelity Total Bond ETF makes up 8.7% of Destiny Capital Corp CO’s investment portfolio, making the stock its 4th biggest holding. Destiny Capital Corp CO’s holdings in Fidelity Total Bond ETF were worth $13,966,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Orion Portfolio Solutions LLC lifted its holdings in Fidelity Total Bond ETF by 88.9% in the 1st quarter. Orion Portfolio Solutions LLC now owns 72,475 shares of the company’s stock worth $3,284,000 after purchasing an additional 34,112 shares during the last quarter. Trustmark National Bank Trust Department grew its stake in Fidelity Total Bond ETF by 10.2% in the 1st quarter. Trustmark National Bank Trust Department now owns 10,289 shares of the company’s stock valued at $466,000 after buying an additional 953 shares during the last quarter. Ameritas Investment Partners Inc. acquired a new position in Fidelity Total Bond ETF during the 1st quarter worth $345,000. Shakespeare Wealth Management LLC boosted its holdings in Fidelity Total Bond ETF by 8.4% during the first quarter. Shakespeare Wealth Management LLC now owns 539,640 shares of the company’s stock valued at $24,451,000 after acquiring an additional 42,009 shares during the period. Finally, Sax Wealth Advisors LLC acquired a new stake in shares of Fidelity Total Bond ETF in the first quarter valued at about $2,554,000.

Fidelity Total Bond ETF Stock Performance

Fidelity Total Bond ETF stock opened at $45.34 on Friday. The business’s 50-day simple moving average is $46.22 and its 200-day simple moving average is $45.74. Fidelity Total Bond ETF has a 52 week low of $43.95 and a 52 week high of $47.30. The firm has a market capitalization of $9.05 billion, a PE ratio of 8.85 and a beta of 0.19.

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.