Henderson Brothers Financial Partners LLC raised its stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBND – Free Report) by 8.7% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 850,483 shares of the company’s stock after acquiring an additional 68,056 shares during the period. Fidelity Total Bond ETF makes up approximately 13.3% of Henderson Brothers Financial Partners LLC’s holdings, making the stock its 2nd biggest position. Henderson Brothers Financial Partners LLC’s holdings in Fidelity Total Bond ETF were worth $36,826,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also bought and sold shares of FBND. Signature Equity Partners LLC boosted its holdings in shares of Fidelity Total Bond ETF by 5.4% during the 1st quarter. Signature Equity Partners LLC now owns 4,739 shares of the company’s stock valued at $216,000 after acquiring an additional 244 shares during the last quarter. LCW Services LLC raised its holdings in shares of Fidelity Total Bond ETF by 3.1% during the third quarter. LCW Services LLC now owns 8,913 shares of the company’s stock valued at $386,000 after purchasing an additional 272 shares during the last quarter. Verdence Capital Advisors LLC raised its holdings in shares of Fidelity Total Bond ETF by 5.6% during the third quarter. Verdence Capital Advisors LLC now owns 5,380 shares of the company’s stock valued at $233,000 after purchasing an additional 283 shares during the last quarter. Insight Advisors LLC PA lifted its position in Fidelity Total Bond ETF by 1.6% during the first quarter. Insight Advisors LLC PA now owns 17,988 shares of the company’s stock valued at $821,000 after purchasing an additional 291 shares during the period. Finally, Archer Investment Corp lifted its position in Fidelity Total Bond ETF by 17.2% during the first quarter. Archer Investment Corp now owns 2,216 shares of the company’s stock valued at $101,000 after purchasing an additional 325 shares during the period.
Fidelity Total Bond ETF Trading Down 0.1%
Shares of FBND stock opened at $44.33 on Friday. Fidelity Total Bond ETF has a 12-month low of $43.11 and a 12-month high of $46.78. The firm’s 50 day moving average is $44.01 and its 200 day moving average is $45.23. The stock has a market capitalization of $28.58 billion, a P/E ratio of 8.94 and a beta of 0.28.
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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