Creative Financial Designs Inc. ADV raised its stake in Fidelity Total Bond ETF (NYSEARCA:FBND – Free Report) by 2.7% during the 4th quarter, HoldingsChannel.com reports. The firm owned 478,249 shares of the company’s stock after acquiring an additional 12,506 shares during the period. Fidelity Total Bond ETF makes up 1.4% of Creative Financial Designs Inc. ADV’s investment portfolio, making the stock its 16th largest position. Creative Financial Designs Inc. ADV’s holdings in Fidelity Total Bond ETF were worth $22,019,000 at the end of the most recent reporting period.
Other hedge funds also recently added to or reduced their stakes in the company. Cerity Partners LLC grew its position in shares of Fidelity Total Bond ETF by 400.5% during the second quarter. Cerity Partners LLC now owns 40,079 shares of the company’s stock worth $1,834,000 after acquiring an additional 32,071 shares during the last quarter. Betterment LLC increased its holdings in shares of Fidelity Total Bond ETF by 2.7% in the 2nd quarter. Betterment LLC now owns 97,501 shares of the company’s stock valued at $4,461,000 after acquiring an additional 2,597 shares during the period. Darwin Wealth Management LLC acquired a new position in shares of Fidelity Total Bond ETF in the 2nd quarter valued at $49,000. Graney & King LLC increased its holdings in shares of Fidelity Total Bond ETF by 7.3% in the 2nd quarter. Graney & King LLC now owns 50,169 shares of the company’s stock valued at $2,295,000 after acquiring an additional 3,402 shares during the period. Finally, Ameriprise Financial Inc. increased its holdings in shares of Fidelity Total Bond ETF by 40.9% in the 2nd quarter. Ameriprise Financial Inc. now owns 6,626 shares of the company’s stock valued at $303,000 after acquiring an additional 1,924 shares during the period.
Fidelity Total Bond ETF Price Performance
Shares of Fidelity Total Bond ETF stock opened at $45.04 on Wednesday. The firm’s fifty day simple moving average is $45.73 and its 200-day simple moving average is $46.09. The stock has a market capitalization of $25.24 billion, a price-to-earnings ratio of 8.94 and a beta of 0.28. Fidelity Total Bond ETF has a 12 month low of $44.73 and a 12 month high of $46.86.
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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