Focus Financial Network Inc. Has $565,000 Position in Fidelity Total Bond ETF (NYSEARCA:FBND)

Focus Financial Network Inc. lessened its position in Fidelity Total Bond ETF (NYSEARCA:FBND) by 6.1% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 12,519 shares of the company’s stock after selling 811 shares during the period. Focus Financial Network Inc.’s holdings in Fidelity Total Bond ETF were worth $565,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in the company. FMR LLC grew its holdings in shares of Fidelity Total Bond ETF by 2.2% in the 3rd quarter. FMR LLC now owns 12,604,148 shares of the company’s stock worth $589,118,000 after purchasing an additional 267,811 shares during the last quarter. Country Trust Bank grew its holdings in shares of Fidelity Total Bond ETF by 0.5% in the 4th quarter. Country Trust Bank now owns 5,991,275 shares of the company’s stock worth $268,829,000 after purchasing an additional 31,173 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in shares of 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 purchasing an additional 520,113 shares during the last quarter. RFG Advisory LLC grew its holdings in Fidelity Total Bond ETF by 6.2% during the 4th quarter. RFG Advisory LLC now owns 4,293,510 shares of the company’s stock worth $192,650,000 after acquiring an additional 250,764 shares during the last quarter. Finally, Mather Group LLC. grew its holdings in Fidelity Total Bond ETF by 3.0% during the 4th quarter. Mather Group LLC. now owns 3,651,935 shares of the company’s stock worth $163,862,000 after acquiring an additional 106,953 shares during the last quarter.

Fidelity Total Bond ETF Stock Up 0.6 %

Shares of NYSEARCA:FBND opened at $45.16 on Friday. Fidelity Total Bond ETF has a 12 month low of $44.01 and a 12 month high of $47.30. The company’s 50-day moving average price is $45.12 and its two-hundred day moving average price is $45.81. The firm has a market cap of $9.01 billion, a P/E 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.