Fidelity Total Bond ETF (NYSEARCA:FBND) is Retirement Planning Group LLC’s 9th Largest Position

Retirement Planning Group LLC grew its stake in Fidelity Total Bond ETF (NYSEARCA:FBND) by 23.0% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,964,840 shares of the company’s stock after purchasing an additional 367,028 shares during the period. Fidelity Total Bond ETF makes up about 4.2% of Retirement Planning Group LLC’s holdings, making the stock its 9th largest holding. Retirement Planning Group LLC owned approximately 0.48% of Fidelity Total Bond ETF worth $89,695,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also modified their holdings of FBND. King Wealth Management Group raised its stake in shares of Fidelity Total Bond ETF by 1.0% in the fourth quarter. King Wealth Management Group now owns 23,930 shares of the company’s stock valued at $1,074,000 after acquiring an additional 240 shares in the last quarter. Waterfront Wealth Inc. boosted its holdings in Fidelity Total Bond ETF by 0.9% in the fourth quarter. Waterfront Wealth Inc. now owns 27,898 shares of the company’s stock valued at $1,252,000 after purchasing an additional 242 shares in the last quarter. Integrity Financial Corp WA increased its stake in Fidelity Total Bond ETF by 1.8% in the fourth quarter. Integrity Financial Corp WA now owns 17,275 shares of the company’s stock valued at $775,000 after purchasing an additional 299 shares during the last quarter. Prosperity Consulting Group LLC raised its holdings in Fidelity Total Bond ETF by 0.4% during the fourth quarter. Prosperity Consulting Group LLC now owns 78,378 shares of the company’s stock worth $3,517,000 after purchasing an additional 302 shares in the last quarter. Finally, AMG National Trust Bank lifted its position in shares of Fidelity Total Bond ETF by 3.2% during the 4th quarter. AMG National Trust Bank now owns 13,578 shares of the company’s stock worth $609,000 after buying an additional 425 shares during the last quarter.

Fidelity Total Bond ETF Price Performance

Shares of NYSEARCA:FBND opened at $45.35 on Thursday. The company’s fifty day moving average price is $45.20 and its 200 day moving average price is $45.30. Fidelity Total Bond ETF has a 12 month low of $44.30 and a 12 month high of $47.30. The firm has a market capitalization of $18.36 billion, a P/E ratio of 8.94 and a beta of 0.27.

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.