Seelaus Asset Management LLC Buys 1,930 Shares of Fidelity Total Bond ETF (NYSEARCA:FBND)

Seelaus Asset Management LLC increased its position in Fidelity Total Bond ETF (NYSEARCA:FBND) by 38.8% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,910 shares of the company’s stock after purchasing an additional 1,930 shares during the period. Seelaus Asset Management LLC’s holdings in Fidelity Total Bond ETF were worth $323,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of FBND. Country Trust Bank raised its stake in shares of Fidelity Total Bond ETF by 12.7% in the second quarter. Country Trust Bank now owns 5,960,744 shares of the company’s stock worth $267,816,000 after purchasing an additional 672,872 shares during the last quarter. RFG Advisory LLC lifted its stake in Fidelity Total Bond ETF by 9.6% during the 3rd quarter. RFG Advisory LLC now owns 4,042,746 shares of the company’s stock valued at $188,958,000 after acquiring an additional 353,138 shares during the period. Envestnet Asset Management Inc. boosted its holdings in shares of Fidelity Total Bond ETF by 27.5% during the 2nd quarter. Envestnet Asset Management Inc. now owns 3,824,123 shares of the company’s stock valued at $171,818,000 after acquiring an additional 825,448 shares during the last quarter. Mather Group LLC. grew its stake in shares of Fidelity Total Bond ETF by 4,145.0% in the third quarter. Mather Group LLC. now owns 3,544,982 shares of the company’s stock worth $165,692,000 after acquiring an additional 3,461,472 shares during the period. Finally, Legacy Wealth Management Inc raised its holdings in shares of Fidelity Total Bond ETF by 2.2% during the third quarter. Legacy Wealth Management Inc now owns 2,937,256 shares of the company’s stock valued at $137,287,000 after purchasing an additional 62,805 shares during the last quarter.

Fidelity Total Bond ETF Trading Down 0.0 %

Shares of FBND stock opened at $45.32 on Friday. The stock has a market capitalization of $9.04 billion, a P/E ratio of 8.85 and a beta of 0.19. The firm’s 50 day moving average is $46.22 and its 200 day moving average is $45.74. Fidelity Total Bond ETF has a 12-month low of $43.95 and a 12-month high of $47.30.

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.