Cyndeo Wealth Partners LLC lifted its position in Fidelity Total Bond ETF (NYSEARCA:FBND – Free Report) by 11.3% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 737,489 shares of the company’s stock after buying an additional 74,678 shares during the period. Fidelity Total Bond ETF comprises 1.4% of Cyndeo Wealth Partners LLC’s portfolio, making the stock its 12th largest holding. Cyndeo Wealth Partners LLC owned about 0.11% of Fidelity Total Bond ETF worth $31,933,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently made changes to their positions in FBND. Steph & Co. lifted its holdings in shares of Fidelity Total Bond ETF by 27.3% during the third quarter. Steph & Co. now owns 316,767 shares of the company’s stock valued at $13,716,000 after purchasing an additional 67,854 shares in the last quarter. Capital Wealth Management LLC boosted its position 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 valued at $28,536,000 after buying an additional 53,398 shares during the last quarter. Barry Investment Advisors LLC increased its holdings in Fidelity Total Bond ETF by 22.6% in the 1st quarter. Barry Investment Advisors LLC now owns 128,125 shares of the company’s stock worth $5,868,000 after buying an additional 23,595 shares in the last quarter. Corient Private Wealth LP raised its holdings in shares of Fidelity Total Bond ETF by 5.4% during the second quarter. Corient Private Wealth LP now owns 1,808,251 shares of the company’s stock valued at $82,259,000 after purchasing an additional 92,976 shares during the last quarter. Finally, Waterway Wealth Management LLC raised its stake in Fidelity Total Bond ETF by 2,335.5% during the 1st quarter. Waterway Wealth Management LLC now owns 184,513 shares of the company’s stock valued at $8,417,000 after buying an additional 176,937 shares during the last quarter.
Fidelity Total Bond ETF Trading Down 0.0%
FBND opened at $43.82 on Friday. Fidelity Total Bond ETF has a 1-year low of $43.11 and a 1-year high of $46.86. The company has a market capitalization of $28.25 billion, a PE ratio of 8.94 and a beta of 0.28. The firm’s 50 day simple moving average is $44.27 and its two-hundred day simple moving average is $45.05.
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.
Featured Stories
- Five stocks we like better than Fidelity Total Bond ETF
- Bank of America Stock Sell-Off Looks Like a Buying Opportunity
- AST SpaceMobile Is Down 67%—Could SpaceX’s Mobile Push Deepen the Selloff?
- GlobalFoundries’ $21 Billion Deal Could Change the Economics of Chipmaking
- Fundamental and Technicals Signals Align for Costco: Is the Stock Finally Breaking Out?
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.
