Tsfg LLC grew its position in shares of Fidelity Total Bond ETF (NYSEARCA:FBND – Free Report) by 82.1% during the 2nd quarter, Holdings Channel.com reports. The firm owned 352,719 shares of the company’s stock after acquiring an additional 159,001 shares during the period. Fidelity Total Bond ETF accounts for approximately 2.0% of Tsfg LLC’s holdings, making the stock its 11th largest holding. Tsfg LLC’s holdings in Fidelity Total Bond ETF were worth $16,045,000 at the end of the most recent reporting period.
Other hedge funds also recently bought and sold shares of the company. Root Financial Partners LLC bought a new position in Fidelity Total Bond ETF during the fourth quarter valued at approximately $25,000. GHP Investment Advisors Inc. bought a new stake in shares of Fidelity Total Bond ETF in the 1st quarter worth approximately $25,000. Community Financial Services Group LLC purchased a new stake in shares of Fidelity Total Bond ETF in the 2nd quarter valued at $32,000. Tucker Asset Management LLC purchased a new stake in shares of Fidelity Total Bond ETF in the 4th quarter valued at $37,000. Finally, Maryland Capital Advisors Inc. bought a new position in shares of Fidelity Total Bond ETF during the 2nd quarter valued at $37,000.
Fidelity Total Bond ETF Stock Down 0.3%
Shares of NYSEARCA:FBND opened at $44.62 on Wednesday. The stock has a market cap of $27.03 billion, a PE ratio of 8.94 and a beta of 0.27. The company’s fifty day moving average is $45.12 and its 200 day moving average is $45.56. Fidelity Total Bond ETF has a 52 week low of $44.60 and a 52 week 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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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).
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