Harbour Investments Inc. grew its stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBND – Free Report) by 33.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 382,726 shares of the company’s stock after acquiring an additional 95,042 shares during the period. Harbour Investments Inc. owned 0.19% of Fidelity Total Bond ETF worth $17,889,000 at the end of the most recent quarter.
Other institutional investors also recently made changes to their positions in the company. Marshall Financial Group LLC acquired a new position in shares of Fidelity Total Bond ETF in the third quarter valued at about $843,000. Cetera Investment Advisers grew its position in shares of Fidelity Total Bond ETF by 31.7% during the 2nd quarter. Cetera Investment Advisers now owns 1,591,785 shares of the company’s stock worth $71,519,000 after purchasing an additional 383,302 shares in the last quarter. Certified Advisory Corp grew its position in shares of Fidelity Total Bond ETF by 4.9% during the 2nd quarter. Certified Advisory Corp now owns 268,452 shares of the company’s stock worth $12,062,000 after purchasing an additional 12,660 shares in the last quarter. AE Wealth Management LLC increased its holdings in shares of Fidelity Total Bond ETF by 4.7% during the second quarter. AE Wealth Management LLC now owns 10,296 shares of the company’s stock worth $463,000 after purchasing an additional 459 shares during the period. Finally, Comerica Bank raised its position in shares of Fidelity Total Bond ETF by 21.6% in the first quarter. Comerica Bank now owns 39,987 shares of the company’s stock valued at $1,812,000 after buying an additional 7,096 shares in the last quarter.
Fidelity Total Bond ETF Price Performance
Shares of NYSEARCA:FBND opened at $45.62 on Tuesday. The business’s 50 day simple moving average is $46.34 and its 200 day simple moving average is $45.72. Fidelity Total Bond ETF has a 1 year low of $43.34 and a 1 year high of $47.30. The company has a market capitalization of $9.10 billion, a P/E 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.
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