215,562 Shares in Fidelity Total Bond ETF $FBND Purchased by Schuylkill Financial LLC

Schuylkill Financial LLC bought a new stake in Fidelity Total Bond ETF (NYSEARCA:FBND) in the 2nd quarter, according to its most recent disclosure with the SEC. The fund bought 215,562 shares of the company’s stock, valued at approximately $9,806,000. Fidelity Total Bond ETF makes up approximately 9.0% of Schuylkill Financial LLC’s portfolio, making the stock its 2nd biggest holding.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. increased its stake in Fidelity Total Bond ETF by 3.3% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 92,442,810 shares of the company’s stock worth $4,256,067,000 after buying an additional 2,925,667 shares during the period. Morgan Stanley grew its stake in shares of Fidelity Total Bond ETF by 16.2% in the fourth quarter. Morgan Stanley now owns 34,716,320 shares of the company’s stock worth $1,598,339,000 after acquiring an additional 4,830,198 shares in the last quarter. Bank of America Corp DE increased its position in shares of Fidelity Total Bond ETF by 6.3% during the first quarter. Bank of America Corp DE now owns 14,706,838 shares of the company’s stock worth $670,926,000 after acquiring an additional 871,672 shares during the period. JPMorgan Chase & Co. increased its position in shares of Fidelity Total Bond ETF by 25.8% during the fourth quarter. JPMorgan Chase & Co. now owns 11,574,323 shares of the company’s stock worth $532,882,000 after acquiring an additional 2,374,913 shares during the period. Finally, LPL Financial LLC raised its stake in shares of Fidelity Total Bond ETF by 25.2% in the fourth quarter. LPL Financial LLC now owns 9,387,074 shares of the company’s stock valued at $432,181,000 after acquiring an additional 1,887,404 shares in the last quarter.

Fidelity Total Bond ETF Stock Performance

NYSEARCA:FBND opened at $44.71 on Friday. Fidelity Total Bond ETF has a 12-month low of $44.59 and a 12-month high of $46.86. The firm has a market cap of $27.09 billion, a PE ratio of 8.94 and a beta of 0.27. The stock has a fifty day moving average price of $45.06 and a 200 day moving average price of $45.53.

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.