RDA Financial Network Has $3.92 Million Stock Holdings in Fidelity Total Bond ETF (NYSEARCA:FBND)

RDA Financial Network raised its position in Fidelity Total Bond ETF (NYSEARCA:FBND) by 68.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 87,343 shares of the company’s stock after buying an additional 35,616 shares during the period. Fidelity Total Bond ETF accounts for about 1.1% of RDA Financial Network’s investment portfolio, making the stock its 15th biggest position. RDA Financial Network’s holdings in Fidelity Total Bond ETF were worth $3,919,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the company. Goldstone Financial Group LLC grew its holdings in shares of Fidelity Total Bond ETF by 4.5% during the fourth quarter. Goldstone Financial Group LLC now owns 270,986 shares of the company’s stock worth $12,159,000 after purchasing an additional 11,707 shares during the last quarter. Capital Planning LLC lifted its position in Fidelity Total Bond ETF by 122.1% during the 4th quarter. Capital Planning LLC now owns 67,562 shares of the company’s stock worth $3,048,000 after buying an additional 37,149 shares in the last quarter. KMG Fiduciary Partners LLC grew its holdings in Fidelity Total Bond ETF by 72.3% during the 4th quarter. KMG Fiduciary Partners LLC now owns 106,683 shares of the company’s stock worth $4,787,000 after acquiring an additional 44,767 shares during the last quarter. Occidental Asset Management LLC increased its position in Fidelity Total Bond ETF by 3.8% in the 4th quarter. Occidental Asset Management LLC now owns 357,644 shares of the company’s stock valued at $16,047,000 after acquiring an additional 13,239 shares in the last quarter. Finally, Eagle Rock Investment Company LLC increased its holdings in shares of Fidelity Total Bond ETF by 7.6% in the fourth quarter. Eagle Rock Investment Company LLC now owns 48,905 shares of the company’s stock valued at $2,194,000 after purchasing an additional 3,446 shares in the last quarter.

Fidelity Total Bond ETF Stock Up 0.2 %

FBND stock opened at $44.93 on Friday. The business has a fifty day moving average of $45.31 and a 200-day moving average of $45.84. The company has a market cap of $8.97 billion, a P/E ratio of 8.85 and a beta of 0.19. Fidelity Total Bond ETF has a twelve month low of $44.01 and a twelve month high of $47.30.

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.