Unique Wealth LLC Increases Position in Fidelity Total Bond ETF $FBND

Unique Wealth LLC increased its holdings in Fidelity Total Bond ETF (NYSEARCA:FBND) by 19.8% in the second quarter, HoldingsChannel.com reports. The firm owned 167,117 shares of the company’s stock after buying an additional 27,661 shares during the quarter. Fidelity Total Bond ETF makes up 0.9% of Unique Wealth LLC’s holdings, making the stock its 28th biggest holding. Unique Wealth LLC’s holdings in Fidelity Total Bond ETF were worth $7,602,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of FBND. Capital Wealth Management LLC raised its position in shares of Fidelity Total Bond ETF by 9.3% during the 1st quarter. Capital Wealth Management LLC now owns 625,513 shares of the company’s stock worth $28,536,000 after purchasing an additional 53,398 shares during the last quarter. Valley Wealth Managers Inc. increased its stake in Fidelity Total Bond ETF by 149.5% during the 4th quarter. Valley Wealth Managers Inc. now owns 62,724 shares of the company’s stock worth $2,888,000 after buying an additional 37,588 shares in the last quarter. Barry Investment Advisors LLC increased its stake in Fidelity Total Bond ETF by 36.7% during the 2nd quarter. Barry Investment Advisors LLC now owns 175,149 shares of the company’s stock worth $7,997,000 after buying an additional 47,024 shares in the last quarter. USAdvisors Wealth Management LLC raised its holdings in shares of Fidelity Total Bond ETF by 5.3% during the fourth quarter. USAdvisors Wealth Management LLC now owns 243,175 shares of the company’s stock valued at $11,195,000 after acquiring an additional 12,241 shares during the last quarter. Finally, Hicks Capital Management LLC raised its holdings in shares of Fidelity Total Bond ETF by 11.3% during the fourth quarter. Hicks Capital Management LLC now owns 251,938 shares of the company’s stock valued at $11,599,000 after acquiring an additional 25,669 shares during the last quarter.

Fidelity Total Bond ETF Price Performance

NYSEARCA FBND opened at $44.71 on Friday. The company has a market cap of $27.09 billion, a PE ratio of 8.94 and a beta of 0.27. The stock’s 50 day simple moving average is $45.06 and its 200-day simple moving average is $45.53. Fidelity Total Bond ETF has a 1-year low of $44.59 and a 1-year high of $46.86.

About Fidelity Total Bond ETF

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.