Worth Asset Management LLC purchased a new position in shares of Fidelity Total Bond ETF (NYSEARCA:FBND – Free Report) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 30,238 shares of the company’s stock, valued at approximately $1,379,000.
A number of other large investors also recently modified their holdings of the company. Root Financial Partners LLC purchased a new stake in shares of Fidelity Total Bond ETF during the 4th quarter worth $25,000. Rialto Wealth Management LLC purchased a new position in Fidelity Total Bond ETF in the fourth quarter valued at $32,000. Clearstead Advisors LLC purchased a new position in Fidelity Total Bond ETF in the third quarter valued at $36,000. Tucker Asset Management LLC acquired a new stake in Fidelity Total Bond ETF in the fourth quarter valued at $37,000. Finally, Fifth Third Bancorp raised its stake 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 valued at $49,000 after buying an additional 468 shares in the last quarter.
Fidelity Total Bond ETF Price Performance
Shares of NYSEARCA FBND opened at $45.49 on Tuesday. The company has a market capitalization of $25.49 billion, a price-to-earnings ratio of 8.94 and a beta of 0.27. The business has a 50-day moving average of $45.59 and a two-hundred day moving average of $45.94. Fidelity Total Bond ETF has a 1 year low of $44.82 and a 1 year high of $46.86.
About Fidelity Total Bond ETF
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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