Pittenger & Anderson Inc. Increases Position in Fidelity Total Bond ETF $FBND

Pittenger & Anderson Inc. boosted its holdings in Fidelity Total Bond ETF (NYSEARCA:FBNDFree Report) by 216.2% in the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 425,942 shares of the company’s stock after purchasing an additional 291,239 shares during the period. Pittenger & Anderson Inc. owned about 0.08% of Fidelity Total Bond ETF worth $19,431,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Financial Management Network Inc. increased its position 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 worth $5,673,000 after purchasing an additional 20,803 shares during the last quarter. Sunburst Financial Group LLC grew its stake 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 worth $51,124,000 after purchasing an additional 28,089 shares in the last quarter. Genesis Private Wealth LLC increased its holdings 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 during the last quarter. OLIO Financial Planning increased its holdings in Fidelity Total Bond ETF by 5.8% in the fourth quarter. OLIO Financial Planning now owns 975,741 shares of the company’s stock valued at $44,923,000 after buying an additional 53,318 shares during the last quarter. Finally, Capital Wealth Management LLC raised its stake in 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 valued at $28,536,000 after buying an additional 53,398 shares in the last quarter.

Fidelity Total Bond ETF Stock Down 0.1%

Shares of FBND traded down $0.03 during mid-day trading on Friday, hitting $45.25. The stock had a trading volume of 2,903,796 shares, compared to its average volume of 2,808,518. Fidelity Total Bond ETF has a fifty-two week low of $44.82 and a fifty-two week high of $46.86. The company has a market cap of $26.88 billion, a PE ratio of 8.94 and a beta of 0.27. The company’s fifty day simple moving average is $45.48 and its two-hundred day simple moving average is $45.87.

Fidelity Total Bond ETF Company Profile

(Free Report)

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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Institutional Ownership by Quarter for Fidelity Total Bond ETF (NYSEARCA:FBND)

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