ORG Partners LLC Purchases 3,892 Shares of Fidelity Total Bond ETF (NYSEARCA:FBND)

ORG Partners LLC raised its position in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 9.9% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 43,300 shares of the company’s stock after purchasing an additional 3,892 shares during the quarter. ORG Partners LLC’s holdings in Fidelity Total Bond ETF were worth $1,943,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in FBND. Mark Sheptoff Financial Planning LLC purchased a new position in shares of Fidelity Total Bond ETF in the third quarter worth approximately $25,000. Northwest Investment Counselors LLC purchased a new position in shares of Fidelity Total Bond ETF during the 3rd quarter worth $30,000. Highline Wealth Partners LLC purchased a new position in shares of Fidelity Total Bond ETF during the 3rd quarter worth $47,000. Darwin Wealth Management LLC bought a new stake in shares of Fidelity Total Bond ETF during the 3rd quarter valued at $54,000. Finally, Bell Investment Advisors Inc purchased a new stake in shares of Fidelity Total Bond ETF in the 2nd quarter worth $55,000.

Fidelity Total Bond ETF Trading Down 0.4 %

NYSEARCA FBND traded down $0.20 on Friday, hitting $44.54. 820,794 shares of the company traded hands, compared to its average volume of 1,639,407. The business’s 50 day moving average price is $45.40 and its 200-day moving average price is $45.86. Fidelity Total Bond ETF has a 52-week low of $44.01 and a 52-week high of $47.30. The company has a market capitalization of $8.89 billion, a price-to-earnings ratio of 8.85 and a beta of 0.19.

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.