Genesis Private Wealth LLC Increases Stock Holdings in Fidelity Total Bond ETF $FBND

Genesis Private Wealth LLC boosted its stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 4.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 328,860 shares of the company’s stock after purchasing an additional 15,465 shares during the quarter. Fidelity Total Bond ETF accounts for approximately 4.2% of Genesis Private Wealth LLC’s holdings, making the stock its 4th biggest position. Genesis Private Wealth LLC’s holdings in Fidelity Total Bond ETF were worth $14,960,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Root Financial Partners LLC acquired a new stake in Fidelity Total Bond ETF in the 4th quarter worth $25,000. GHP Investment Advisors Inc. acquired a new position in shares of Fidelity Total Bond ETF during the first quarter valued at about $25,000. Community Financial Services Group LLC acquired a new position in shares of Fidelity Total Bond ETF during the second quarter valued at about $32,000. Tucker Asset Management LLC bought a new stake in shares of Fidelity Total Bond ETF in the fourth quarter valued at about $37,000. Finally, Key Capital Management INC bought a new stake in shares of Fidelity Total Bond ETF in the fourth quarter valued at about $49,000.

Fidelity Total Bond ETF Stock Up 0.0%

FBND stock opened at $44.91 on Thursday. Fidelity Total Bond ETF has a twelve month low of $44.65 and a twelve month high of $46.86. The company has a market cap of $27.21 billion, a PE ratio of 8.94 and a beta of 0.27. The business’s 50-day simple moving average is $45.27 and its 200 day simple moving average is $45.68.

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.