Wilmington Savings Fund Society FSB Makes New Investment in Fidelity Total Bond ETF (NYSEARCA:FBND)

Wilmington Savings Fund Society FSB acquired a new stake in Fidelity Total Bond ETF (NYSEARCA:FBND) in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 1,857 shares of the company’s stock, valued at approximately $87,000.

A number of other institutional investors also recently made changes to their positions in FBND. Mark Sheptoff Financial Planning LLC bought a new position in Fidelity Total Bond ETF during the 3rd quarter worth approximately $25,000. Northwest Investment Counselors LLC bought a new position in shares of Fidelity Total Bond ETF in the third quarter worth approximately $30,000. Highline Wealth Partners LLC purchased a new position in shares of Fidelity Total Bond ETF in the third quarter worth $47,000. Strategic Financial Concepts LLC bought a new stake in Fidelity Total Bond ETF during the 2nd quarter valued at $49,000. Finally, Darwin Wealth Management LLC purchased a new stake in Fidelity Total Bond ETF during the 3rd quarter valued at $54,000.

Fidelity Total Bond ETF Stock Up 0.3 %

Shares of Fidelity Total Bond ETF stock opened at $45.17 on Friday. The company’s fifty day simple moving average is $45.67 and its two-hundred day simple moving average is $45.90. Fidelity Total Bond ETF has a 12-month low of $44.01 and a 12-month high of $47.30. The firm has a market cap of $9.01 billion, a PE 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.