Ullmann Wealth Partners Group LLC raised its holdings in Fidelity Total Bond ETF (NYSEARCA:FBND – Free Report) by 506.9% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 755,976 shares of the company’s stock after buying an additional 631,409 shares during the period. Fidelity Total Bond ETF makes up approximately 3.6% of Ullmann Wealth Partners Group LLC’s portfolio, making the stock its 7th largest position. Ullmann Wealth Partners Group LLC’s holdings in Fidelity Total Bond ETF were worth $35,047,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Root Financial Partners LLC purchased a new position in Fidelity Total Bond ETF in the 4th quarter valued at approximately $25,000. Rialto Wealth Management LLC purchased a new position in Fidelity Total Bond ETF in the 4th quarter valued at approximately $32,000. Clearstead Advisors LLC purchased a new position in Fidelity Total Bond ETF in the 3rd quarter valued at approximately $36,000. Tucker Asset Management LLC purchased a new position in Fidelity Total Bond ETF in the 4th quarter valued at approximately $37,000. Finally, Key Capital Management INC purchased a new position in Fidelity Total Bond ETF in the 4th quarter valued at approximately $49,000.
Fidelity Total Bond ETF Stock Up 0.6%
Shares of FBND stock opened at $45.59 on Friday. Fidelity Total Bond ETF has a 52 week low of $44.82 and a 52 week high of $46.86. The stock has a market capitalization of $25.54 billion, a PE ratio of 8.94 and a beta of 0.27. The firm has a 50 day moving average of $45.62 and a two-hundred day moving average of $45.98.
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.
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