Wealthspire Retirement LLC lifted its stake in Fidelity Total Bond ETF (NYSEARCA:FBND – Free Report) by 5.3% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 677,767 shares of the company’s stock after acquiring an additional 33,895 shares during the period. Fidelity Total Bond ETF accounts for approximately 1.9% of Wealthspire Retirement LLC’s holdings, making the stock its 11th biggest position. Wealthspire Retirement LLC owned approximately 0.12% of Fidelity Total Bond ETF worth $30,920,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also made changes to their positions in the stock. Signature Equity Partners LLC lifted its position in Fidelity Total Bond ETF by 5.4% in the first quarter. Signature Equity Partners LLC now owns 4,739 shares of the company’s stock worth $216,000 after purchasing an additional 244 shares during the period. NewEdge Wealth LLC increased its position in shares of Fidelity Total Bond ETF by 92.3% during the 1st quarter. NewEdge Wealth LLC now owns 261,847 shares of the company’s stock valued at $11,945,000 after purchasing an additional 125,646 shares during the period. Insight Advisors LLC PA raised its stake in shares of Fidelity Total Bond ETF by 1.6% in the 1st quarter. Insight Advisors LLC PA now owns 17,988 shares of the company’s stock worth $821,000 after buying an additional 291 shares in the last quarter. PNC Financial Services Group Inc. raised its stake in shares of Fidelity Total Bond ETF by 1,098.5% in the 1st quarter. PNC Financial Services Group Inc. now owns 2,433 shares of the company’s stock worth $111,000 after buying an additional 2,230 shares in the last quarter. Finally, Legacy Wealth Managment LLC ID acquired a new stake in shares of Fidelity Total Bond ETF in the first quarter valued at $132,000.
Fidelity Total Bond ETF Stock Down 0.2%
Shares of Fidelity Total Bond ETF stock opened at $45.02 on Thursday. The business has a fifty day simple moving average of $45.41 and a 200-day simple moving average of $45.80. Fidelity Total Bond ETF has a fifty-two week low of $44.82 and a fifty-two week high of $46.86. The firm has a market cap of $26.97 billion, a price-to-earnings ratio of 8.94 and a beta of 0.27.
Fidelity Total Bond ETF Company 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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