Country Trust Bank Grows Holdings in Fidelity Total Bond ETF (NYSEARCA:FBND)

Country Trust Bank increased its stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 0.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 5,991,275 shares of the company’s stock after acquiring an additional 31,173 shares during the quarter. Fidelity Total Bond ETF comprises about 6.7% of Country Trust Bank’s portfolio, making the stock its largest holding. Country Trust Bank owned approximately 3.00% of Fidelity Total Bond ETF worth $268,829,000 as of its most recent filing with the SEC.

Several other institutional investors also recently bought and sold shares of FBND. Mark Sheptoff Financial Planning LLC purchased a new stake in shares of Fidelity Total Bond ETF during the 3rd quarter worth approximately $25,000. Northwest Investment Counselors LLC bought a new stake in Fidelity Total Bond ETF in the third quarter worth $30,000. Highline Wealth Partners LLC purchased a new stake in Fidelity Total Bond ETF during the third quarter valued at $47,000. Darwin Wealth Management LLC bought a new position in Fidelity Total Bond ETF during the third quarter valued at $54,000. Finally, Wilmington Savings Fund Society FSB purchased a new position in shares of Fidelity Total Bond ETF in the 3rd quarter worth $87,000.

Fidelity Total Bond ETF Stock Down 0.2 %

Fidelity Total Bond ETF stock opened at $45.08 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 $45.24 and its 200-day moving average price is $45.84. The company has a market cap of $9.00 billion, a PE ratio of 8.85 and a beta of 0.19.

About Fidelity Total Bond ETF

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.