Fidelity Total Bond ETF $FBND Shares Purchased by Financial Freedom LLC

Financial Freedom LLC increased its stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 166.3% during the 4th quarter, HoldingsChannel.com reports. The fund owned 27,963 shares of the company’s stock after purchasing an additional 17,461 shares during the period. Financial Freedom LLC’s holdings in Fidelity Total Bond ETF were worth $1,287,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Financial Management Network Inc. lifted its position in Fidelity Total Bond ETF by 20.3% during the 4th quarter. Financial Management Network Inc. now owns 123,217 shares of the company’s stock worth $5,673,000 after acquiring an additional 20,803 shares in the last quarter. Sunburst Financial Group LLC lifted its position in Fidelity Total Bond ETF by 2.6% during the 4th quarter. Sunburst Financial Group LLC now owns 1,110,436 shares of the company’s stock worth $51,124,000 after acquiring an additional 28,089 shares in the last quarter. Coyle Financial Counsel LLC lifted its position in Fidelity Total Bond ETF by 21.8% during the 3rd quarter. Coyle Financial Counsel LLC now owns 735,709 shares of the company’s stock worth $34,019,000 after acquiring an additional 131,713 shares in the last quarter. Genesis Private Wealth LLC lifted its position in Fidelity Total Bond ETF by 9.0% during the 4th quarter. Genesis Private Wealth LLC now owns 315,452 shares of the company’s stock worth $14,523,000 after acquiring an additional 26,093 shares in the last quarter. Finally, OLIO Financial Planning raised its position in shares of Fidelity Total Bond ETF by 5.8% in the 4th quarter. OLIO Financial Planning now owns 975,741 shares of the company’s stock valued at $44,923,000 after purchasing an additional 53,318 shares in the last quarter.

Fidelity Total Bond ETF Stock Up 0.2%

Shares of FBND opened at $45.65 on Wednesday. The business’s 50 day moving average is $45.61 and its two-hundred day moving average is $45.96. Fidelity Total Bond ETF has a 52-week low of $44.82 and a 52-week high of $46.86. The firm has a market cap of $25.58 billion, a price-to-earnings ratio of 8.94 and a beta of 0.27.

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.