Retirement Planning Group LLC increased its stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBND – Free Report) by 14.2% during the 1st quarter, Holdings Channel.com reports. The fund owned 2,843,873 shares of the company’s stock after purchasing an additional 353,665 shares during the quarter. Fidelity Total Bond ETF accounts for approximately 4.0% of Retirement Planning Group LLC’s portfolio, making the stock its 10th largest position. Retirement Planning Group LLC’s holdings in Fidelity Total Bond ETF were worth $129,737,000 at the end of the most recent quarter.
A number of other large investors have also bought and sold shares of the stock. Morgan Stanley boosted its stake in shares of Fidelity Total Bond ETF by 16.2% during the fourth quarter. Morgan Stanley now owns 34,716,320 shares of the company’s stock valued at $1,598,339,000 after purchasing an additional 4,830,198 shares during the period. Northwestern Mutual Wealth Management Co. increased its stake 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 worth $4,139,273,000 after buying an additional 3,390,440 shares during the period. Align Financial LLC purchased a new position in shares of Fidelity Total Bond ETF in the fourth quarter worth $141,726,000. JPMorgan Chase & Co. raised its holdings in Fidelity Total Bond ETF by 25.8% during the 4th quarter. JPMorgan Chase & Co. now owns 11,574,323 shares of the company’s stock valued at $532,882,000 after buying an additional 2,374,913 shares during the last quarter. Finally, Dynasty Wealth Management LLC raised its holdings in Fidelity Total Bond ETF by 30.0% during the 4th quarter. Dynasty Wealth Management LLC now owns 8,650,398 shares of the company’s stock valued at $398,264,000 after buying an additional 1,993,799 shares during the last quarter.
Fidelity Total Bond ETF Stock Down 0.3%
Shares of FBND opened at $45.10 on Tuesday. The stock has a market capitalization of $26.79 billion, a P/E ratio of 8.94 and a beta of 0.27. Fidelity Total Bond ETF has a twelve month low of $44.82 and a twelve month high of $46.86. The firm has a fifty day simple moving average of $45.47 and a two-hundred day simple moving average of $45.86.
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.
Featured Articles
- Five stocks we like better than Fidelity Total Bond ETF
- The SK Hynix IPO and 2027’s AI Memory Squeeze
- Meta Platforms Stock Rises as Muse Spark 1.1 AI Model Debuts
- Why Welltower’s Growth Story Might Outrun Its Rich Valuation
- One Short- and One Long-Term ETF for Quantum Computing Bulls
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).
Receive News & Ratings for Fidelity Total Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fidelity Total Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.
