Fidelity Total Bond ETF (NYSEARCA:FBND) is Baker Ellis Asset Management LLC’s 8th Largest Position

Baker Ellis Asset Management LLC lifted its stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBNDFree Report) by 12.2% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 255,027 shares of the company’s stock after buying an additional 27,777 shares during the quarter. Fidelity Total Bond ETF comprises 1.9% of Baker Ellis Asset Management LLC’s portfolio, making the stock its 8th largest position. Baker Ellis Asset Management LLC owned approximately 0.27% of Fidelity Total Bond ETF worth $11,741,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Financial Management Professionals Inc. purchased a new position in Fidelity Total Bond ETF during the 4th quarter valued at about $25,000. NBC Securities Inc. bought a new position in Fidelity Total Bond ETF during the 3rd quarter valued at approximately $27,000. Activest Wealth Management purchased a new position in Fidelity Total Bond ETF during the third quarter valued at $44,000. Money Concepts Capital Corp bought a new stake in Fidelity Total Bond ETF in the fourth quarter worth $46,000. Finally, Retirement Group LLC purchased a new stake in shares of Fidelity Total Bond ETF in the second quarter worth $50,000.

Fidelity Total Bond ETF Price Performance

FBND opened at $44.98 on Thursday. The firm has a market cap of $4.31 billion, a PE ratio of 12.64 and a beta of 0.17. The stock has a 50-day moving average price of $45.28 and a 200-day moving average price of $44.72. Fidelity Total Bond ETF has a 1 year low of $42.45 and a 1 year high of $46.53.

About Fidelity Total Bond ETF

(Free Report)

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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Institutional Ownership by Quarter for Fidelity Total Bond ETF (NYSEARCA:FBND)

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