BOS Asset Management LLC Buys 16,688 Shares of Fidelity Total Bond ETF $FBND

BOS Asset Management LLC raised its stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 14.7% during the first quarter, Holdings Channel reports. The firm owned 130,012 shares of the company’s stock after buying an additional 16,688 shares during the period. Fidelity Total Bond ETF comprises 2.0% of BOS Asset Management LLC’s holdings, making the stock its 10th biggest holding. BOS Asset Management LLC’s holdings in Fidelity Total Bond ETF were worth $5,935,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in the stock. First Pacific Financial bought a new position in shares of Fidelity Total Bond ETF in the first quarter valued at approximately $25,000. Tsfg LLC bought a new position in shares of Fidelity Total Bond ETF in the first quarter valued at approximately $29,000. NBC Securities Inc. bought a new position in shares of Fidelity Total Bond ETF in the first quarter valued at approximately $28,000. Sound Income Strategies LLC raised its position in Fidelity Total Bond ETF by 63.1% in the 1st quarter. Sound Income Strategies LLC now owns 791 shares of the company’s stock worth $36,000 after purchasing an additional 306 shares during the last quarter. Finally, Iron Horse Wealth Management LLC bought a new position in Fidelity Total Bond ETF in the 1st quarter worth approximately $60,000.

Fidelity Total Bond ETF Price Performance

FBND stock opened at $46.49 on Thursday. The company has a 50 day moving average price of $45.77 and a 200 day moving average price of $45.51. Fidelity Total Bond ETF has a fifty-two week low of $44.30 and a fifty-two week high of $47.30. The stock has a market capitalization of $20.10 billion, a PE ratio of 8.94 and a beta of 0.17.

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.