Occidental Asset Management LLC Has $16.05 Million Stake in Fidelity Total Bond ETF (NYSEARCA:FBND)

Occidental Asset Management LLC raised its stake in Fidelity Total Bond ETF (NYSEARCA:FBND) by 3.8% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 357,644 shares of the company’s stock after acquiring an additional 13,239 shares during the period. Fidelity Total Bond ETF makes up 2.5% of Occidental Asset Management LLC’s portfolio, making the stock its 9th largest holding. Occidental Asset Management LLC owned approximately 0.18% of Fidelity Total Bond ETF worth $16,047,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. FMR LLC boosted its position in shares of Fidelity Total Bond ETF by 2.2% during the 3rd quarter. FMR LLC now owns 12,604,148 shares of the company’s stock valued at $589,118,000 after acquiring an additional 267,811 shares during the last quarter. JPMorgan Chase & Co. raised its stake in Fidelity Total Bond ETF by 11.2% during the third quarter. JPMorgan Chase & Co. now owns 5,169,480 shares of the company’s stock valued at $241,622,000 after purchasing an additional 520,113 shares in the last quarter. RFG Advisory LLC raised its stake in Fidelity Total Bond ETF by 9.6% during the third quarter. RFG Advisory LLC now owns 4,042,746 shares of the company’s stock valued at $188,958,000 after purchasing an additional 353,138 shares in the last quarter. Mather Group LLC. lifted its position in Fidelity Total Bond ETF by 4,145.0% during the third quarter. Mather Group LLC. now owns 3,544,982 shares of the company’s stock valued at $165,692,000 after purchasing an additional 3,461,472 shares during the last quarter. Finally, Legacy Wealth Management Inc grew its stake in shares of Fidelity Total Bond ETF by 2.2% in the 3rd quarter. Legacy Wealth Management Inc now owns 2,937,256 shares of the company’s stock worth $137,287,000 after buying an additional 62,805 shares in the last quarter.

Fidelity Total Bond ETF Stock Up 0.2 %

Fidelity Total Bond ETF stock opened at $44.93 on Friday. Fidelity Total Bond ETF has a twelve month low of $44.01 and a twelve month high of $47.30. The company’s 50-day moving average price is $45.31 and its 200-day moving average price is $45.84. The company has a market cap of $8.97 billion, a PE ratio of 8.85 and a beta of 0.19.

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.