Tritonpoint Wealth LLC Has $2.55 Million Stock Holdings in Fidelity Total Bond ETF (NYSEARCA:FBND)

Tritonpoint Wealth LLC lifted its holdings in Fidelity Total Bond ETF (NYSEARCA:FBND) by 197.5% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 55,687 shares of the company’s stock after buying an additional 36,969 shares during the period. Tritonpoint Wealth LLC’s holdings in Fidelity Total Bond ETF were worth $2,552,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the company. King Wealth Management Group boosted its position in Fidelity Total Bond ETF by 1.0% during the fourth quarter. King Wealth Management Group now owns 23,930 shares of the company’s stock valued at $1,074,000 after purchasing an additional 240 shares during the last quarter. Waterfront Wealth Inc. raised its holdings in Fidelity Total Bond ETF by 0.9% during the fourth quarter. Waterfront Wealth Inc. now owns 27,898 shares of the company’s stock valued at $1,252,000 after buying an additional 242 shares in the last quarter. Integrity Financial Corp WA raised its holdings in Fidelity Total Bond ETF by 1.8% during the fourth quarter. Integrity Financial Corp WA now owns 17,275 shares of the company’s stock valued at $775,000 after buying an additional 299 shares in the last quarter. Prosperity Consulting Group LLC raised its holdings in Fidelity Total Bond ETF by 0.4% during the fourth quarter. Prosperity Consulting Group LLC now owns 78,378 shares of the company’s stock valued at $3,517,000 after buying an additional 302 shares in the last quarter. Finally, AMG National Trust Bank raised its holdings in Fidelity Total Bond ETF by 3.2% during the fourth quarter. AMG National Trust Bank now owns 13,578 shares of the company’s stock valued at $609,000 after buying an additional 425 shares in the last quarter.

Fidelity Total Bond ETF Price Performance

NYSEARCA FBND opened at $45.31 on Friday. Fidelity Total Bond ETF has a fifty-two week low of $44.30 and a fifty-two week high of $47.30. The stock’s 50-day moving average is $45.15 and its two-hundred day moving average is $45.28. The firm has a market cap of $18.69 billion, a P/E ratio of 8.94 and a beta of 0.26.

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.