Corient Private Wealth LP Acquires 92,976 Shares of Fidelity Total Bond ETF $FBND

Corient Private Wealth LP increased its stake in Fidelity Total Bond ETF (NYSEARCA:FBND) by 5.4% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,808,251 shares of the company’s stock after buying an additional 92,976 shares during the quarter. Corient Private Wealth LP’s holdings in Fidelity Total Bond ETF were worth $82,259,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of FBND. Signature Equity Partners LLC raised its stake in Fidelity Total Bond ETF by 5.4% in the first quarter. Signature Equity Partners LLC now owns 4,739 shares of the company’s stock valued at $216,000 after buying an additional 244 shares during the period. Insight Advisors LLC PA boosted its stake in shares of Fidelity Total Bond ETF by 1.6% during the 1st quarter. Insight Advisors LLC PA now owns 17,988 shares of the company’s stock worth $821,000 after acquiring an additional 291 shares during the period. Keystone Financial Group increased its holdings in shares of Fidelity Total Bond ETF by 3.1% during the 3rd quarter. Keystone Financial Group now owns 10,317 shares of the company’s stock worth $477,000 after acquiring an additional 315 shares during the last quarter. Archer Investment Corp increased its holdings in shares of Fidelity Total Bond ETF by 17.2% during the 1st quarter. Archer Investment Corp now owns 2,216 shares of the company’s stock worth $101,000 after acquiring an additional 325 shares during the last quarter. Finally, Breakwater Capital Group raised its stake in Fidelity Total Bond ETF by 3.4% in the 2nd quarter. Breakwater Capital Group now owns 9,876 shares of the company’s stock valued at $449,000 after acquiring an additional 327 shares during the period.

Fidelity Total Bond ETF Price Performance

Shares of Fidelity Total Bond ETF stock opened at $44.24 on Friday. The business has a fifty day simple moving average of $44.96 and a two-hundred day simple moving average of $45.46. Fidelity Total Bond ETF has a 1 year low of $44.21 and a 1 year high of $46.86. The company has a market capitalization of $26.80 billion, a price-to-earnings 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.