OLIO Financial Planning increased its holdings in shares of Fidelity Total Bond ETF (NYSEARCA:FBND – Free Report) by 3.9% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,127,218 shares of the company’s stock after purchasing an additional 42,795 shares during the quarter. Fidelity Total Bond ETF makes up about 12.1% of OLIO Financial Planning’s investment portfolio, making the stock its 4th biggest holding. OLIO Financial Planning owned 0.17% of Fidelity Total Bond ETF worth $48,809,000 at the end of the most recent quarter.
Other hedge funds have also added to or reduced their stakes in the company. GHP Investment Advisors Inc. bought a new stake in Fidelity Total Bond ETF during the 1st quarter worth about $25,000. Community Financial Services Group LLC acquired a new position in shares of Fidelity Total Bond ETF during the 2nd quarter worth about $32,000. Maryland Capital Advisors Inc. bought a new position in shares of Fidelity Total Bond ETF in the 2nd quarter valued at about $37,000. Manning & Napier Advisors LLC acquired a new position in Fidelity Total Bond ETF during the first quarter worth $53,000. Finally, Sound Income Strategies LLC increased its holdings in Fidelity Total Bond ETF by 180.6% during the first quarter. Sound Income Strategies LLC now owns 1,316 shares of the company’s stock worth $60,000 after buying an additional 847 shares during the last quarter.
Fidelity Total Bond ETF Trading Down 0.2%
Shares of FBND traded down $0.09 during midday trading on Friday, reaching $44.05. The stock had a trading volume of 3,416,478 shares, compared to its average volume of 3,196,703. The firm has a 50 day simple moving average of $44.17 and a 200-day simple moving average of $44.99. Fidelity Total Bond ETF has a one year low of $43.11 and a one year high of $46.86. The firm has a market cap of $28.40 billion, a PE ratio of 8.94 and a beta of 0.28.
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 Stories
- Five stocks we like better than Fidelity Total Bond ETF
- Grand Canyon Education Strengthens Its Outlook, But Wall Street Remains Divided
- Amex Stock Slides on Job Cuts, But the Real Story Is Macro
- Chefs’ Warehouse Has Rallied 76%—Can the Stock Keep Climbing?
- MarketBeat Week in Review – 10/19 – 10/23
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.
