Rothschild Investment LLC Invests $63,000 in Fidelity Total Bond ETF (NYSEARCA:FBND)

Rothschild Investment LLC bought a new position in Fidelity Total Bond ETF (NYSEARCA:FBND) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 1,393 shares of the company’s stock, valued at approximately $63,000.

Other hedge funds also recently made changes to their positions in the company. Mark Sheptoff Financial Planning LLC acquired a new position in shares of Fidelity Total Bond ETF in the 3rd quarter worth approximately $25,000. Highline Wealth Partners LLC acquired a new position in Fidelity Total Bond ETF during the 3rd quarter valued at approximately $47,000. Darwin Wealth Management LLC acquired a new position in Fidelity Total Bond ETF during the 3rd quarter valued at approximately $54,000. Wilmington Savings Fund Society FSB acquired a new position in Fidelity Total Bond ETF during the 3rd quarter valued at approximately $87,000. Finally, Private Wealth Management Group LLC acquired a new position in Fidelity Total Bond ETF during the 4th quarter valued at approximately $127,000.

Fidelity Total Bond ETF Price Performance

NYSEARCA:FBND opened at $45.88 on Thursday. Fidelity Total Bond ETF has a 12-month low of $44.01 and a 12-month high of $47.30. The firm has a market capitalization of $9.16 billion, a P/E ratio of 8.85 and a beta of 0.19. The business has a 50 day simple moving average of $45.06 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.