Fidelity Total Bond ETF (NYSEARCA:FBND) Shares Purchased by OneAscent Financial Services LLC

OneAscent Financial Services LLC lifted its position in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 454.2% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 150,132 shares of the company’s stock after purchasing an additional 123,042 shares during the period. Fidelity Total Bond ETF comprises 0.8% of OneAscent Financial Services LLC’s portfolio, making the stock its 21st largest position. OneAscent Financial Services LLC owned 0.16% of Fidelity Total Bond ETF worth $6,827,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Financial Management Professionals Inc. purchased a new position in Fidelity Total Bond ETF in the 4th quarter valued at about $25,000. Pineridge Advisors LLC acquired a new stake in Fidelity Total Bond ETF during the 4th quarter valued at approximately $46,000. PNC Financial Services Group Inc. acquired a new position in shares of Fidelity Total Bond ETF in the 4th quarter valued at approximately $58,000. Sound Income Strategies LLC purchased a new position in shares of Fidelity Total Bond ETF during the 4th quarter valued at approximately $74,000. Finally, Private Trust Co. NA grew its position in shares of Fidelity Total Bond ETF by 51.2% during the fourth quarter. Private Trust Co. NA now owns 1,616 shares of the company’s stock worth $74,000 after buying an additional 547 shares in the last quarter.

Fidelity Total Bond ETF Trading Down 0.5 %

NYSEARCA FBND traded down $0.21 during trading hours on Friday, reaching $44.93. 1,122,481 shares of the company traded hands, compared to its average volume of 1,244,409. Fidelity Total Bond ETF has a 12 month low of $42.45 and a 12 month high of $46.21. The company has a 50 day moving average of $44.87 and a two-hundred day moving average of $45.18. The stock has a market capitalization of $8.97 billion, a PE ratio of 8.85 and a beta of 0.19.

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.