Winebrenner Capital Management LLC Makes New $928,000 Investment in Fidelity Total Bond ETF (NYSEARCA:FBND)

Winebrenner Capital Management LLC purchased a new position in Fidelity Total Bond ETF (NYSEARCA:FBND) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 20,687 shares of the company’s stock, valued at approximately $928,000.

A number of other institutional investors have also modified their holdings of the business. Rockefeller Capital Management L.P. lifted its holdings in Fidelity Total Bond ETF by 3.1% in the third quarter. Rockefeller Capital Management L.P. now owns 39,999 shares of the company’s stock worth $1,869,000 after acquiring an additional 1,188 shares during the last quarter. Arete Wealth Advisors LLC lifted its holdings in shares of Fidelity Total Bond ETF by 78.3% in the 3rd quarter. Arete Wealth Advisors LLC now owns 448,065 shares of the company’s stock worth $20,923,000 after purchasing an additional 196,783 shares during the last quarter. JPMorgan Chase & Co. boosted its position in Fidelity Total Bond ETF by 11.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 5,169,480 shares of the company’s stock valued at $241,622,000 after purchasing an additional 520,113 shares during the period. Centerline Wealth Advisors LLC bought a new position in Fidelity Total Bond ETF during the 4th quarter worth $15,492,000. Finally, W.G. Shaheen & Associates DBA Whitney & Co increased its position in Fidelity Total Bond ETF by 3.5% in the third quarter. W.G. Shaheen & Associates DBA Whitney & Co now owns 608,721 shares of the company’s stock worth $28,452,000 after buying an additional 20,500 shares during the period.

Fidelity Total Bond ETF Stock Performance

Shares of FBND opened at $45.45 on Friday. The firm has a fifty day moving average of $45.04 and a 200-day moving average of $45.79. The company has a market cap of $9.07 billion, a price-to-earnings ratio of 8.85 and a beta of 0.19. Fidelity Total Bond ETF has a 1 year low of $44.01 and a 1 year 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.