Targeted Financial Services LLC Raises Holdings in Fidelity Total Bond ETF $FBND

Targeted Financial Services LLC raised its stake in Fidelity Total Bond ETF (NYSEARCA:FBND – Free Report) by 15.4% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 615,521 shares of the company’s stock after purchasing an additional 82,053 shares during the period. Fidelity Total Bond ETF accounts for approximately 20.7% of Targeted Financial Services LLC’s investment portfolio, making the stock its largest holding. Targeted Financial Services LLC’s holdings in Fidelity Total Bond ETF were worth $28,000,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Root Financial Partners LLC purchased a new stake in shares of Fidelity Total Bond ETF during the fourth quarter valued at about $25,000. GHP Investment Advisors Inc. purchased a new position in shares of Fidelity Total Bond ETF in the 1st quarter worth approximately $25,000. Community Financial Services Group LLC bought a new position in shares of Fidelity Total Bond ETF during the 2nd quarter worth approximately $32,000. Tucker Asset Management LLC bought a new position in shares of Fidelity Total Bond ETF during the 4th quarter worth approximately $37,000. Finally, Key Capital Management INC purchased a new stake in Fidelity Total Bond ETF during the fourth quarter valued at approximately $49,000.

Get Fidelity Total Bond ETF alerts:

Fidelity Total Bond ETF Stock Up 0.0%

Shares of FBND opened at $44.91 on Thursday. The company has a market cap of $27.21 billion, a price-to-earnings ratio of 8.94 and a beta of 0.27. Fidelity Total Bond ETF has a twelve month low of $44.65 and a twelve month high of $46.86. The company has a 50 day moving average of $45.27 and a two-hundred day moving average of $45.68.

Fidelity Total Bond ETF 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.

See Also

• Five stocks we like better than Fidelity Total Bond ETF
• GE Vernova’s AI Power Boom Faces a Profit Test
• Cardinal Health Earnings: Can Perfection Get Priced In Twice?
• Nebius’ Q2 Beat Shows the AI Bottleneck Is Capacity, Not Demand
• Legacy Jet Builders Stall While Embraer Accelerates to New Highs

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.