Fortitude Advisory Group L.L.C. increased its stake in Fidelity Total Bond ETF (NYSEARCA:FBND – Free Report) by 4.4% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 9,734 shares of the company’s stock after acquiring an additional 409 shares during the period. Fortitude Advisory Group L.L.C.’s holdings in Fidelity Total Bond ETF were worth $437,000 as of its most recent SEC filing.
A number of other large investors also recently modified their holdings of the company. Mark Sheptoff Financial Planning LLC acquired a new stake in shares of Fidelity Total Bond ETF in the 3rd quarter valued at about $25,000. Northwest Investment Counselors LLC purchased a new position in shares of Fidelity Total Bond ETF during the third quarter valued at $30,000. Highline Wealth Partners LLC purchased a new position in Fidelity Total Bond ETF in the third quarter valued at about $47,000. Darwin Wealth Management LLC bought a new position in shares of Fidelity Total Bond ETF in the 3rd quarter valued at approximately $54,000. Finally, Wilmington Savings Fund Society FSB acquired a new position in shares of Fidelity Total Bond ETF during the third quarter worth approximately $87,000.
Fidelity Total Bond ETF Stock Up 0.5 %
Shares of FBND opened at $45.22 on Tuesday. The stock has a market cap of $9.02 billion, a price-to-earnings ratio of 8.85 and a beta of 0.19. The company has a 50-day moving average price of $45.26 and a two-hundred day moving average price of $45.85. Fidelity Total Bond ETF has a 12 month low of $44.01 and a 12 month high of $47.30.
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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