Fidelity Total Bond ETF (NYSEARCA:FBND) is John W. Brooker & Co. CPAs’ Largest Position

John W. Brooker & Co. CPAs lifted its position in Fidelity Total Bond ETF (NYSEARCA:FBND) by 4.2% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 362,093 shares of the company’s stock after acquiring an additional 14,624 shares during the quarter. Fidelity Total Bond ETF makes up about 7.0% of John W. Brooker & Co. CPAs’ holdings, making the stock its biggest holding. John W. Brooker & Co. CPAs owned 0.18% of Fidelity Total Bond ETF worth $16,247,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in the company. Mark Sheptoff Financial Planning LLC purchased a new stake in Fidelity Total Bond ETF in the 3rd quarter worth approximately $25,000. Northwest Investment Counselors LLC bought a new position in shares of Fidelity Total Bond ETF during the 3rd quarter valued at $30,000. Highline Wealth Partners LLC bought a new position in shares of Fidelity Total Bond ETF during the 3rd quarter valued at $47,000. Darwin Wealth Management LLC bought a new position in shares of Fidelity Total Bond ETF during the 3rd quarter valued at $54,000. Finally, Wilmington Savings Fund Society FSB bought a new position in shares of Fidelity Total Bond ETF during the 3rd quarter valued at $87,000.

Fidelity Total Bond ETF Trading Up 0.5 %

Fidelity Total Bond ETF stock opened at $45.39 on Thursday. The company has a market capitalization of $9.06 billion, a P/E ratio of 8.85 and a beta of 0.19. The firm’s fifty day simple moving average is $45.20 and its 200-day simple moving average is $45.83. Fidelity Total Bond ETF has a 1-year low of $44.01 and a 1-year high of $47.30.

Fidelity Total Bond ETF 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.