Sage Private Wealth Group LLC acquired a new position in shares of Fidelity Total Bond ETF (NYSEARCA:FBND – Free Report) during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 60,374 shares of the company’s stock, valued at approximately $2,614,000. Fidelity Total Bond ETF comprises 0.8% of Sage Private Wealth Group LLC’s investment portfolio, making the stock its 25th biggest position.
A number of other hedge funds have also recently added to or reduced their stakes in FBND. Steph & Co. lifted its position in shares of Fidelity Total Bond ETF by 27.3% in the 3rd quarter. Steph & Co. now owns 316,767 shares of the company’s stock worth $13,716,000 after buying an additional 67,854 shares during the last quarter. Capital Wealth Management LLC lifted its position in shares of Fidelity Total Bond ETF by 9.3% in the 1st 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. Barry Investment Advisors LLC boosted its holdings in shares of 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 valued at $5,868,000 after buying an additional 23,595 shares during the period. Corient Private Wealth LP boosted its holdings in shares of Fidelity Total Bond ETF by 5.4% in the 2nd quarter. Corient Private Wealth LP now owns 1,808,251 shares of the company’s stock valued at $82,259,000 after buying an additional 92,976 shares during the period. Finally, Gainline Financial Partners LLC acquired a new position in shares of Fidelity Total Bond ETF in the 2nd quarter valued at about $17,448,000.
Fidelity Total Bond ETF Price Performance
Shares of NYSEARCA:FBND opened at $43.76 on Thursday. Fidelity Total Bond ETF has a fifty-two week low of $43.11 and a fifty-two week high of $46.86. The firm has a 50-day simple moving average of $44.20 and a 200 day simple moving average of $45.01. The company has a market cap of $28.21 billion, a PE ratio of 8.94 and a beta of 0.28.
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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