Fidelity Total Bond ETF (NYSEARCA:FBND) Stock Position Increased by Coyle Financial Counsel LLC

Coyle Financial Counsel LLC boosted its holdings in Fidelity Total Bond ETF (NYSEARCA:FBND) by 12.7% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 534,438 shares of the company’s stock after acquiring an additional 60,397 shares during the period. Fidelity Total Bond ETF accounts for about 7.6% of Coyle Financial Counsel LLC’s portfolio, making the stock its 3rd largest holding. Coyle Financial Counsel LLC owned approximately 0.27% of Fidelity Total Bond ETF worth $23,980,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the business. Wealthcare Capital Management LLC raised its stake in shares of Fidelity Total Bond ETF by 3.0% in the 4th quarter. Wealthcare Capital Management LLC now owns 7,935 shares of the company’s stock valued at $356,000 after acquiring an additional 231 shares during the period. Dupree Financial Group LLC increased its holdings in Fidelity Total Bond ETF by 1.6% in the 4th quarter. Dupree Financial Group LLC now owns 15,086 shares of the company’s stock valued at $677,000 after purchasing an additional 238 shares during the last quarter. Waterfront Wealth Inc. raised its position in Fidelity Total Bond ETF by 0.9% in the fourth quarter. Waterfront Wealth Inc. now owns 27,898 shares of the company’s stock valued at $1,252,000 after purchasing an additional 242 shares during the period. Peterson Wealth Advisors LLC lifted its stake in Fidelity Total Bond ETF by 0.8% during the third quarter. Peterson Wealth Advisors LLC now owns 31,396 shares of the company’s stock worth $1,467,000 after purchasing an additional 246 shares in the last quarter. Finally, Tritonpoint Wealth LLC boosted its position in shares of Fidelity Total Bond ETF by 1.7% during the fourth quarter. Tritonpoint Wealth LLC now owns 18,718 shares of the company’s stock worth $844,000 after buying an additional 311 shares during the period.

Fidelity Total Bond ETF Trading Up 0.1 %

Shares of NYSEARCA FBND opened at $45.51 on Tuesday. The stock has a market capitalization of $9.08 billion, a PE ratio of 8.85 and a beta of 0.19. Fidelity Total Bond ETF has a twelve month low of $44.01 and a twelve month high of $47.30. The stock has a fifty day simple moving average of $45.04 and a 200-day simple moving average of $45.77.

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.