Hoxton Planning & Management LLC grew its position in Fidelity Total Bond ETF (NYSEARCA:FBND – Free Report) by 75.1% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 33,104 shares of the company’s stock after buying an additional 14,201 shares during the quarter. Hoxton Planning & Management LLC’s holdings in Fidelity Total Bond ETF were worth $1,510,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Financial Management Network Inc. boosted its stake in shares of Fidelity Total Bond ETF by 20.3% in the 4th quarter. Financial Management Network Inc. now owns 123,217 shares of the company’s stock valued at $5,673,000 after purchasing an additional 20,803 shares in the last quarter. Sunburst Financial Group LLC boosted its position in Fidelity Total Bond ETF by 2.6% in the fourth quarter. Sunburst Financial Group LLC now owns 1,110,436 shares of the company’s stock valued at $51,124,000 after buying an additional 28,089 shares in the last quarter. Genesis Private Wealth LLC boosted its position in Fidelity Total Bond ETF by 9.0% in the fourth quarter. Genesis Private Wealth LLC now owns 315,452 shares of the company’s stock valued at $14,523,000 after buying an additional 26,093 shares in the last quarter. OLIO Financial Planning grew its stake in shares of Fidelity Total Bond ETF by 5.8% during the fourth quarter. OLIO Financial Planning now owns 975,741 shares of the company’s stock worth $44,923,000 after buying an additional 53,318 shares during the last quarter. Finally, Capital Wealth Management LLC grew its stake in shares of Fidelity Total Bond ETF by 9.3% during the first quarter. Capital Wealth Management LLC now owns 625,513 shares of the company’s stock worth $28,536,000 after buying an additional 53,398 shares during the last quarter.
Fidelity Total Bond ETF Stock Performance
Shares of NYSEARCA:FBND opened at $45.76 on Thursday. The company has a fifty day moving average of $45.59 and a 200-day moving average of $45.93. The company has a market capitalization of $25.64 billion, a PE ratio of 8.94 and a beta of 0.27. Fidelity Total Bond ETF has a 52-week low of $44.82 and a 52-week high of $46.86.
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.
Recommended Stories
- Five stocks we like better than Fidelity Total Bond ETF
- Why KB Home Could Reward Patient Investors Later
- Meta’s Internal Turmoil: Morale Nears 20-Year Low at the Wrong Time
- Tesla’s New NHTSA Probe Lands at the Worst Possible Time
- Nano Nuclear’s AI Data Center Deal Puts the Stock Back in Focus
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.
