Norris Perne & French LLP MI increased its position in Fidelity Total Bond ETF (NYSEARCA:FBND – Free Report) by 13.9% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 33,564 shares of the company’s stock after purchasing an additional 4,103 shares during the period. Norris Perne & French LLP MI’s holdings in Fidelity Total Bond ETF were worth $1,506,000 at the end of the most recent reporting period.
A number of other hedge funds have also bought and sold shares of FBND. Mark Sheptoff Financial Planning LLC bought a new position in shares of Fidelity Total Bond ETF in the 3rd quarter worth about $25,000. Northwest Investment Counselors LLC acquired a new stake in Fidelity Total Bond ETF during the third quarter worth about $30,000. Highline Wealth Partners LLC bought a new position in Fidelity Total Bond ETF in the third quarter worth about $47,000. Darwin Wealth Management LLC acquired a new position in Fidelity Total Bond ETF in the third quarter valued at approximately $54,000. Finally, Wilmington Savings Fund Society FSB bought a new position in shares of Fidelity Total Bond ETF during the third quarter valued at approximately $87,000.
Fidelity Total Bond ETF Trading Down 0.2 %
Shares of NYSEARCA FBND opened at $45.08 on Friday. Fidelity Total Bond ETF has a 12-month low of $44.01 and a 12-month high of $47.30. The company has a market cap of $9.00 billion, a price-to-earnings ratio of 8.85 and a beta of 0.19. The stock’s 50 day simple moving average is $45.24 and its 200 day simple moving average is $45.84.
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.
Recommended Stories
- Five stocks we like better than Fidelity Total Bond ETF
- What is the Shanghai Stock Exchange Composite Index?
- Starbucks’ CEO-Led Turnaround Gains Traction: New Highs Likely
- Dividend Payout Ratio Calculator
- 3 Chemical Stocks Defying Tariff Worries With Growth Potential
- Best of the list of Dividend Aristocrats: Build wealth with the aristocrat index
- How Growth Investors Find High-Growth Stocks and Maximize Returns
Want to see what other hedge funds are holding FBND? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Fidelity Total Bond ETF (NYSEARCA:FBND – Free Report).
Receive News & Ratings for Fidelity Total Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fidelity Total Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.
