Silver Oak Securities Incorporated lifted its stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBND – Free Report) by 6.9% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 404,100 shares of the company’s stock after acquiring an additional 26,046 shares during the quarter. Fidelity Total Bond ETF makes up 1.3% of Silver Oak Securities Incorporated’s holdings, making the stock its 10th biggest holding. Silver Oak Securities Incorporated’s holdings in Fidelity Total Bond ETF were worth $18,435,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds also recently made changes to their positions in the company. Dupree Financial Group LLC lifted its stake in shares of Fidelity Total Bond ETF by 1.6% in the fourth quarter. Dupree Financial Group LLC now owns 14,135 shares of the company’s stock worth $651,000 after acquiring an additional 219 shares during the period. Quadrant Capital Group LLC increased its position in Fidelity Total Bond ETF by 0.6% during the 3rd quarter. Quadrant Capital Group LLC now owns 38,010 shares of the company’s stock valued at $1,758,000 after purchasing an additional 220 shares during the period. RWA Wealth Partners LLC increased its position in Fidelity Total Bond ETF by 2.6% during the 3rd quarter. RWA Wealth Partners LLC now owns 9,628 shares of the company’s stock valued at $445,000 after purchasing an additional 241 shares during the period. Investment Advisory Group LLC raised its holdings in Fidelity Total Bond ETF by 0.4% during the 4th quarter. Investment Advisory Group LLC now owns 71,185 shares of the company’s stock worth $3,277,000 after purchasing an additional 303 shares during the last quarter. Finally, Keystone Financial Group raised its holdings in Fidelity Total Bond ETF by 3.1% during the 3rd quarter. Keystone Financial Group now owns 10,317 shares of the company’s stock worth $477,000 after purchasing an additional 315 shares during the last quarter.
Fidelity Total Bond ETF Stock Performance
Shares of NYSEARCA FBND opened at $45.76 on Thursday. The company’s 50 day moving average price is $45.59 and its 200-day moving average price is $45.93. Fidelity Total Bond ETF has a 52-week low of $44.82 and a 52-week high of $46.86. The company has a market capitalization of $25.64 billion, a P/E ratio of 8.94 and a beta of 0.27.
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.
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