Fidelity Total Bond ETF (NYSEARCA:FBND – Get Free Report)’s share price hit a new 52-week low during mid-day trading on Tuesday. The company traded as low as $43.50 and last traded at $43.57, with a volume of 4395313 shares changing hands. The stock had previously closed at $43.82.
Fidelity Total Bond ETF Trading Down 0.1%
The company has a 50 day moving average price of $44.63 and a 200 day moving average price of $45.24. The firm has a market cap of $27.81 billion, a PE ratio of 8.94 and a beta of 0.27.
Institutional Trading of Fidelity Total Bond ETF
A number of institutional investors have recently bought and sold shares of the company. Signature Equity Partners LLC increased its position in shares of Fidelity Total Bond ETF by 5.4% in the first quarter. Signature Equity Partners LLC now owns 4,739 shares of the company’s stock valued at $216,000 after buying an additional 244 shares in the last quarter. Insight Advisors LLC PA grew its stake in Fidelity Total Bond ETF by 1.6% in the 1st quarter. Insight Advisors LLC PA now owns 17,988 shares of the company’s stock valued at $821,000 after acquiring an additional 291 shares during the last quarter. Archer Investment Corp grew its stake in Fidelity Total Bond ETF by 17.2% in the 1st quarter. Archer Investment Corp now owns 2,216 shares of the company’s stock valued at $101,000 after acquiring an additional 325 shares during the last quarter. Breakwater Capital Group increased its holdings in Fidelity Total Bond ETF by 3.4% during the 2nd quarter. Breakwater Capital Group now owns 9,876 shares of the company’s stock valued at $449,000 after acquiring an additional 327 shares in the last quarter. Finally, CGN Advisors LLC increased its holdings in Fidelity Total Bond ETF by 1.9% during the 2nd quarter. CGN Advisors LLC now owns 18,717 shares of the company’s stock valued at $851,000 after acquiring an additional 342 shares in the last quarter.
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.
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