Fmr LLC Has $589.12 Million Stock Holdings in Fidelity Total Bond ETF (NYSEARCA:FBND)

Fmr LLC lifted its position in Fidelity Total Bond ETF (NYSEARCA:FBND) by 2.2% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 12,604,148 shares of the company’s stock after acquiring an additional 267,811 shares during the period. Fmr LLC owned approximately 6.32% of Fidelity Total Bond ETF worth $589,118,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of FBND. B. Riley Wealth Advisors Inc. raised its position in shares of Fidelity Total Bond ETF by 4.9% in the 1st quarter. B. Riley Wealth Advisors Inc. now owns 23,236 shares of the company’s stock valued at $1,016,000 after acquiring an additional 1,083 shares during the period. Comerica Bank raised its holdings in Fidelity Total Bond ETF by 21.6% during the 1st quarter. Comerica Bank now owns 39,987 shares of the company’s stock worth $1,812,000 after buying an additional 7,096 shares during the period. Atria Investments Inc raised its holdings in Fidelity Total Bond ETF by 4.7% during the 1st quarter. Atria Investments Inc now owns 169,968 shares of the company’s stock worth $7,701,000 after buying an additional 7,623 shares during the period. Cetera Investment Advisers raised its holdings in Fidelity Total Bond ETF by 142.6% during the 1st quarter. Cetera Investment Advisers now owns 1,208,483 shares of the company’s stock worth $54,756,000 after buying an additional 710,435 shares during the period. Finally, Cetera Advisors LLC raised its holdings in Fidelity Total Bond ETF by 45.3% during the 1st quarter. Cetera Advisors LLC now owns 355,851 shares of the company’s stock worth $16,124,000 after buying an additional 110,906 shares during the period.

Fidelity Total Bond ETF Stock Performance

Shares of FBND stock opened at $45.72 on Friday. The company has a market capitalization of $9.12 billion, a P/E ratio of 8.85 and a beta of 0.19. The company’s 50 day moving average price is $45.95 and its two-hundred day moving average price is $45.80. Fidelity Total Bond ETF has a 52 week low of $44.01 and a 52 week high of $47.30.

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.