Leigh Baldwin & CO. LLC boosted its holdings in Fidelity Total Bond ETF (NYSEARCA:FBND – Free Report) by 14.9% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 90,051 shares of the company’s stock after buying an additional 11,677 shares during the quarter. Fidelity Total Bond ETF makes up 2.7% of Leigh Baldwin & CO. LLC’s holdings, making the stock its 8th biggest holding. Leigh Baldwin & CO. LLC’s holdings in Fidelity Total Bond ETF were worth $4,108,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of FBND. Root Financial Partners LLC acquired a new position in Fidelity Total Bond ETF during the 4th quarter worth approximately $25,000. GHP Investment Advisors Inc. acquired a new stake in Fidelity Total Bond ETF in the first quarter valued at approximately $25,000. Tucker Asset Management LLC acquired a new stake in Fidelity Total Bond ETF in the fourth quarter valued at approximately $37,000. Darwin Wealth Management LLC bought a new stake in shares of Fidelity Total Bond ETF during the second quarter worth $49,000. Finally, Key Capital Management INC bought a new stake in shares of Fidelity Total Bond ETF during the fourth quarter worth $49,000.
Fidelity Total Bond ETF Stock Performance
Shares of NYSEARCA:FBND opened at $44.84 on Friday. Fidelity Total Bond ETF has a 52-week low of $44.80 and a 52-week high of $46.86. The company has a market capitalization of $27.02 billion, a PE ratio of 8.94 and a beta of 0.27. The company has a fifty day moving average of $45.38 and a 200-day moving average of $45.75.
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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