Dogwood Wealth Management LLC increased its position in Fidelity Total Bond ETF (NYSEARCA:FBND – Free Report) by 10.2% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 449,753 shares of the company’s stock after buying an additional 41,444 shares during the period. Fidelity Total Bond ETF accounts for approximately 8.1% of Dogwood Wealth Management LLC’s investment portfolio, making the stock its 2nd biggest holding. Dogwood Wealth Management LLC owned about 0.08% of Fidelity Total Bond ETF worth $20,459,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Root Financial Partners LLC bought a new position in Fidelity Total Bond ETF in the fourth quarter worth approximately $25,000. GHP Investment Advisors Inc. bought a new stake in shares of Fidelity Total Bond ETF during the first quarter valued at approximately $25,000. Tucker Asset Management LLC acquired a new position in shares of Fidelity Total Bond ETF during the fourth quarter worth approximately $37,000. Key Capital Management INC acquired a new position in shares of Fidelity Total Bond ETF during the fourth quarter worth approximately $49,000. Finally, Darwin Wealth Management LLC bought a new position in shares of Fidelity Total Bond ETF in the 2nd quarter worth $49,000.
Fidelity Total Bond ETF Stock Up 0.2%
Shares of FBND opened at $44.83 on Tuesday. The business’s fifty day moving average is $45.35 and its 200 day moving average is $45.74. Fidelity Total Bond ETF has a 12-month low of $44.65 and a 12-month high of $46.86. The stock has a market cap of $27.16 billion, a P/E ratio of 8.94 and a beta of 0.27.
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.
Featured Articles
- Five stocks we like better than Fidelity Total Bond ETF
- SpaceX’s First Earnings Report Could Decide Whether Shorts or Bulls Have Control
- Why Rare Earth Processing Could Be the Real 2027 Opportunity
- The S&P 493 Are Staging a Comeback—This Value ETF Offers Broad Exposure
- TSMC Insiders Are Buying the Pullback—But Is the Signal as Bullish as It Looks?
Receive News & Ratings for Fidelity Total Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fidelity Total Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.
