Global Retirement Partners LLC Has $19.68 Million Stock Position in Fidelity Total Bond ETF (NYSEARCA:FBND)

Global Retirement Partners LLC reduced its position in Fidelity Total Bond ETF (NYSEARCA:FBND) by 1.7% during the 4th quarter, HoldingsChannel.com reports. The firm owned 438,597 shares of the company’s stock after selling 7,445 shares during the quarter. Global Retirement Partners LLC’s holdings in Fidelity Total Bond ETF were worth $19,680,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of FBND. Rockefeller Capital Management L.P. grew its stake in shares of Fidelity Total Bond ETF by 3.1% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 39,999 shares of the company’s stock valued at $1,869,000 after buying an additional 1,188 shares in the last quarter. Arete Wealth Advisors LLC lifted its stake in Fidelity Total Bond ETF by 78.3% in the third quarter. Arete Wealth Advisors LLC now owns 448,065 shares of the company’s stock valued at $20,923,000 after acquiring an additional 196,783 shares during the last quarter. JPMorgan Chase & Co. grew its position in Fidelity Total Bond ETF by 11.2% in the third quarter. JPMorgan Chase & Co. now owns 5,169,480 shares of the company’s stock worth $241,622,000 after acquiring an additional 520,113 shares in the last quarter. Centerline Wealth Advisors LLC bought a new stake in Fidelity Total Bond ETF in the fourth quarter worth approximately $15,492,000. Finally, W.G. Shaheen & Associates DBA Whitney & Co increased its stake in shares of Fidelity Total Bond ETF by 3.5% during the 3rd quarter. W.G. Shaheen & Associates DBA Whitney & Co now owns 608,721 shares of the company’s stock worth $28,452,000 after purchasing an additional 20,500 shares during the last quarter.

Fidelity Total Bond ETF Trading Down 0.4 %

Fidelity Total Bond ETF stock opened at $45.14 on Wednesday. Fidelity Total Bond ETF has a 1-year low of $44.01 and a 1-year high of $47.30. The firm’s fifty day simple moving average is $45.08 and its 200-day simple moving average is $45.80. The company has a market capitalization of $9.01 billion, a P/E ratio of 8.85 and a beta of 0.19.

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.