Huntington National Bank Increases Stock Position in Fidelity Total Bond ETF $FBND

Huntington National Bank boosted its stake in Fidelity Total Bond ETF (NYSEARCA:FBND) by 10.3% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 976,545 shares of the company’s stock after purchasing an additional 91,505 shares during the quarter. Huntington National Bank owned about 0.19% of Fidelity Total Bond ETF worth $44,960,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of the stock. Northwestern Mutual Wealth Management Co. lifted its stake in Fidelity Total Bond ETF by 3.9% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 89,517,143 shares of the company’s stock worth $4,139,273,000 after purchasing an additional 3,390,440 shares in the last quarter. Bank of America Corp DE lifted its stake in Fidelity Total Bond ETF by 5.6% in the 3rd quarter. Bank of America Corp DE now owns 12,954,872 shares of the company’s stock worth $599,033,000 after purchasing an additional 683,930 shares in the last quarter. Sagespring Wealth Partners LLC lifted its stake in Fidelity Total Bond ETF by 3.2% in the 4th quarter. Sagespring Wealth Partners LLC now owns 10,181,189 shares of the company’s stock worth $468,742,000 after purchasing an additional 311,221 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in Fidelity Total Bond ETF by 5.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 9,199,410 shares of the company’s stock worth $425,381,000 after purchasing an additional 445,810 shares in the last quarter. Finally, Country Trust Bank lifted its stake in Fidelity Total Bond ETF by 1.9% in the 4th quarter. Country Trust Bank now owns 6,392,262 shares of the company’s stock worth $294,300,000 after purchasing an additional 120,048 shares in the last quarter.

Fidelity Total Bond ETF Stock Up 0.0%

Shares of FBND stock opened at $45.57 on Thursday. The stock has a market cap of $25.53 billion, a P/E ratio of 8.94 and a beta of 0.28. Fidelity Total Bond ETF has a 52 week low of $44.82 and a 52 week high of $46.86. The company’s fifty day simple moving average is $45.67 and its two-hundred day simple moving average is $46.06.

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.