RCS Financial Planning LLC boosted its position in shares of Fidelity Total Bond ETF (NYSEARCA:FBND – Free Report) by 4.1% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 368,095 shares of the company’s stock after purchasing an additional 14,331 shares during the period. Fidelity Total Bond ETF accounts for approximately 8.7% of RCS Financial Planning LLC’s portfolio, making the stock its 3rd biggest position. RCS Financial Planning LLC owned about 0.07% of Fidelity Total Bond ETF worth $16,858,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Morgan Stanley grew its position in Fidelity Total Bond ETF by 16.2% in the fourth quarter. Morgan Stanley now owns 34,716,320 shares of the company’s stock worth $1,598,339,000 after acquiring an additional 4,830,198 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its position in shares of Fidelity Total Bond ETF by 3.9% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 89,517,143 shares of the company’s stock valued at $4,139,273,000 after purchasing an additional 3,390,440 shares during the period. Align Financial LLC bought a new position in shares of Fidelity Total Bond ETF in the fourth quarter valued at approximately $141,726,000. JPMorgan Chase & Co. lifted its stake in shares of Fidelity Total Bond ETF by 25.8% in the fourth quarter. JPMorgan Chase & Co. now owns 11,574,323 shares of the company’s stock worth $532,882,000 after buying an additional 2,374,913 shares during the last quarter. Finally, Dynasty Wealth Management LLC lifted its stake in shares of Fidelity Total Bond ETF by 30.0% in the fourth quarter. Dynasty Wealth Management LLC now owns 8,650,398 shares of the company’s stock worth $398,264,000 after buying an additional 1,993,799 shares during the last quarter.
Fidelity Total Bond ETF Stock Performance
NYSEARCA:FBND opened at $45.76 on Friday. Fidelity Total Bond ETF has a 1 year low of $44.82 and a 1 year high of $46.86. The firm’s fifty day simple moving average is $45.58 and its 200 day simple moving average is $45.93. The firm has a market capitalization of $25.64 billion, a PE ratio of 8.94 and a beta of 0.27.
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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