Arbor Capital Management Inc. ADV raised its holdings in Fidelity Total Bond ETF (NYSEARCA:FBND – Free Report) by 36.3% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 13,569 shares of the company’s stock after acquiring an additional 3,614 shares during the quarter. Arbor Capital Management Inc. ADV’s holdings in Fidelity Total Bond ETF were worth $613,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors and hedge funds also recently bought and sold shares of the company. Mark Sheptoff Financial Planning LLC acquired a new stake in Fidelity Total Bond ETF in the 3rd quarter valued at about $25,000. PNC Financial Services Group Inc. acquired a new stake in Fidelity Total Bond ETF in the 4th quarter valued at about $25,000. Lindbrook Capital LLC acquired a new stake in Fidelity Total Bond ETF in the 4th quarter valued at about $32,000. Darwin Wealth Management LLC acquired a new stake in Fidelity Total Bond ETF in the 3rd quarter valued at about $54,000. Finally, Rothschild Investment LLC acquired a new stake in Fidelity Total Bond ETF in the 4th quarter valued at about $63,000.
Fidelity Total Bond ETF Trading Down 0.2 %
Shares of NYSEARCA FBND opened at $45.52 on Monday. The firm has a 50-day moving average of $45.22 and a two-hundred day moving average of $45.70. The company has a market capitalization of $17.91 billion, a price-to-earnings ratio of 9.09 and a beta of 0.26. Fidelity Total Bond ETF has a twelve month low of $44.01 and a twelve month high of $47.30.
Fidelity Total Bond ETF Cuts Dividend
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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