W.G. Shaheen & Associates DBA Whitney & Co raised its stake in Fidelity Total Bond ETF (NYSEARCA:FBND – Free Report) by 5.2% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 819,204 shares of the company’s stock after acquiring an additional 40,540 shares during the period. Fidelity Total Bond ETF makes up about 3.1% of W.G. Shaheen & Associates DBA Whitney & Co’s portfolio, making the stock its 4th biggest holding. W.G. Shaheen & Associates DBA Whitney & Co’s holdings in Fidelity Total Bond ETF were worth $37,372,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other institutional investors have also recently modified their holdings of the stock. Root Financial Partners LLC acquired a new stake in shares of Fidelity Total Bond ETF during the 4th quarter worth $25,000. GHP Investment Advisors Inc. acquired a new position in Fidelity Total Bond ETF in the first quarter valued at about $25,000. Rialto Wealth Management LLC acquired a new position in Fidelity Total Bond ETF in the fourth quarter valued at about $32,000. Tucker Asset Management LLC bought a new stake in Fidelity Total Bond ETF during the fourth quarter worth about $37,000. Finally, Key Capital Management INC bought a new stake in Fidelity Total Bond ETF during the fourth quarter worth about $49,000.
Fidelity Total Bond ETF Stock Down 0.0%
Shares of Fidelity Total Bond ETF stock opened at $45.26 on Friday. Fidelity Total Bond ETF has a 12-month low of $44.82 and a 12-month high of $46.86. The company has a market capitalization of $26.88 billion, a price-to-earnings ratio of 8.94 and a beta of 0.27. The firm’s 50-day moving average price is $45.45 and its two-hundred day moving average price is $45.83.
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.
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