Highline Wealth Partners LLC purchased a new stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBND – Free Report) during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 998 shares of the company’s stock, valued at approximately $47,000.
Several other hedge funds also recently made changes to their positions in FBND. Country Trust Bank raised its stake in Fidelity Total Bond ETF by 12.7% during the second quarter. Country Trust Bank now owns 5,960,744 shares of the company’s stock valued at $267,816,000 after buying an additional 672,872 shares during the last quarter. RFG Advisory LLC raised its stake in Fidelity Total Bond ETF by 9.6% during the third quarter. RFG Advisory LLC now owns 4,042,746 shares of the company’s stock valued at $188,958,000 after buying an additional 353,138 shares during the last quarter. Envestnet Asset Management Inc. raised its stake in Fidelity Total Bond ETF by 27.5% during the second quarter. Envestnet Asset Management Inc. now owns 3,824,123 shares of the company’s stock valued at $171,818,000 after buying an additional 825,448 shares during the last quarter. Mather Group LLC. raised its stake in Fidelity Total Bond ETF by 4,145.0% during the third quarter. Mather Group LLC. now owns 3,544,982 shares of the company’s stock valued at $165,692,000 after buying an additional 3,461,472 shares during the last quarter. Finally, Legacy Wealth Management Inc raised its stake in Fidelity Total Bond ETF by 2.2% during the third quarter. Legacy Wealth Management Inc now owns 2,937,256 shares of the company’s stock valued at $137,287,000 after buying an additional 62,805 shares during the last quarter.
Fidelity Total Bond ETF Trading Down 0.1 %
Shares of NYSEARCA:FBND opened at $45.56 on Thursday. The stock has a fifty day simple moving average of $46.49 and a two-hundred day simple moving average of $45.65. The stock has a market capitalization of $9.09 billion, a price-to-earnings ratio of 8.85 and a beta of 0.19. Fidelity Total Bond ETF has a 12-month low of $42.65 and a 12-month high of $47.30.
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.
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