Cambridge Investment Research Advisors Inc. grew its position in Fidelity Total Bond ETF (NYSEARCA:FBND – Free Report) by 11.8% during the 4th quarter, HoldingsChannel reports. The firm owned 1,631,426 shares of the company’s stock after purchasing an additional 171,643 shares during the quarter. Cambridge Investment Research Advisors Inc.’s holdings in Fidelity Total Bond ETF were worth $75,111,000 at the end of the most recent quarter.
Other hedge funds also recently bought and sold shares of the company. Rialto Wealth Management LLC acquired a new stake in Fidelity Total Bond ETF in the fourth quarter worth $32,000. Clearstead Advisors LLC acquired a new stake in Fidelity Total Bond ETF in the third quarter worth $36,000. First Command Advisory Services Inc. acquired a new stake in Fidelity Total Bond ETF in the third quarter worth $47,000. Fifth Third Bancorp raised its holdings in Fidelity Total Bond ETF by 78.0% in the third quarter. Fifth Third Bancorp now owns 1,068 shares of the company’s stock worth $49,000 after purchasing an additional 468 shares during the period. Finally, Key Capital Management INC acquired a new stake in Fidelity Total Bond ETF in the fourth quarter worth $49,000.
Fidelity Total Bond ETF Stock Performance
FBND opened at $45.22 on Friday. Fidelity Total Bond ETF has a twelve month low of $44.73 and a twelve month high of $46.86. The firm’s fifty day moving average is $45.78 and its two-hundred day moving average is $46.12. The firm has a market cap of $25.34 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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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).
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