Baker Boyer National Bank Has $17.45 Million Stock Position in Fidelity Total Bond ETF (NYSEARCA:FBND)

Baker Boyer National Bank trimmed its holdings in Fidelity Total Bond ETF (NYSEARCA:FBND) by 0.7% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 388,918 shares of the company’s stock after selling 2,674 shares during the quarter. Fidelity Total Bond ETF comprises 6.0% of Baker Boyer National Bank’s portfolio, making the stock its 5th largest holding. Baker Boyer National Bank owned about 0.19% of Fidelity Total Bond ETF worth $17,451,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Gateway Wealth Partners LLC lifted its holdings in shares of Fidelity Total Bond ETF by 16.9% in the fourth quarter. Gateway Wealth Partners LLC now owns 14,631 shares of the company’s stock valued at $657,000 after purchasing an additional 2,116 shares in the last quarter. Barry Investment Advisors LLC raised its stake in Fidelity Total Bond ETF by 31.3% during the 4th quarter. Barry Investment Advisors LLC now owns 54,115 shares of the company’s stock valued at $2,441,000 after purchasing an additional 12,889 shares during the last quarter. Williams & Novak LLC raised its holdings in Fidelity Total Bond ETF by 27.4% in the 4th quarter. Williams & Novak LLC now owns 247,973 shares of the company’s stock valued at $11,127,000 after acquiring an additional 53,375 shares in the last quarter. Southern Style Financial Inc. acquired a new stake in Fidelity Total Bond ETF during the fourth quarter worth $15,820,000. Finally, RCS Financial Planning LLC bought a new position in Fidelity Total Bond ETF during the fourth quarter worth about $12,844,000.

Fidelity Total Bond ETF Price Performance

FBND stock opened at $45.19 on Wednesday. Fidelity Total Bond ETF has a fifty-two week low of $44.01 and a fifty-two week high of $47.30. The business has a fifty day moving average price of $45.25 and a 200 day moving average price of $45.85. The stock has a market capitalization of $9.02 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.