Lincoln Capital Corp Boosts Holdings in Fidelity Total Bond ETF (NYSEARCA:FBND)

Lincoln Capital Corp increased its stake in Fidelity Total Bond ETF (NYSEARCA:FBND) by 2.1% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 79,967 shares of the company’s stock after acquiring an additional 1,677 shares during the period. Fidelity Total Bond ETF makes up 1.5% of Lincoln Capital Corp’s investment portfolio, making the stock its 23rd largest position. Lincoln Capital Corp’s holdings in Fidelity Total Bond ETF were worth $3,588,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of FBND. Rockefeller Capital Management L.P. lifted its position in Fidelity Total Bond ETF by 3.1% during the third quarter. Rockefeller Capital Management L.P. now owns 39,999 shares of the company’s stock valued at $1,869,000 after buying an additional 1,188 shares in the last quarter. Marshall Financial Group LLC purchased a new stake in shares of Fidelity Total Bond ETF in the third quarter worth about $843,000. Arete Wealth Advisors LLC grew its stake in shares of Fidelity Total Bond ETF by 78.3% in the third quarter. Arete Wealth Advisors LLC now owns 448,065 shares of the company’s stock valued at $20,923,000 after buying an additional 196,783 shares in the last quarter. Cetera Investment Advisers raised its holdings 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 valued at $71,519,000 after buying an additional 383,302 shares during the period. Finally, JPMorgan Chase & Co. boosted its holdings in Fidelity Total Bond ETF by 11.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 5,169,480 shares of the company’s stock worth $241,622,000 after acquiring an additional 520,113 shares during the period.

Fidelity Total Bond ETF Stock Down 0.2 %

Shares of NYSEARCA:FBND opened at $44.91 on Friday. The company has a 50 day moving average of $45.27 and a two-hundred day moving average of $45.85. Fidelity Total Bond ETF has a 52-week low of $44.01 and a 52-week high of $47.30. The company has a market capitalization of $8.96 billion, a price-to-earnings 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.