11,029 Shares in Fidelity Total Bond ETF (NYSEARCA:FBND) Purchased by Kure Advisory LLC

Kure Advisory LLC acquired a new stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) in the first quarter, according to the company in its most recent filing with the SEC. The firm acquired 11,029 shares of the company’s stock, valued at approximately $503,000. Fidelity Total Bond ETF makes up 0.4% of Kure Advisory LLC’s holdings, making the stock its 25th biggest position.

Other large investors also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. lifted its stake 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 during the period. Centerline Wealth Advisors LLC bought a new position in Fidelity Total Bond ETF in the fourth quarter worth approximately $15,492,000. Steward Partners Investment Advisory LLC raised its stake in Fidelity Total Bond ETF by 367.5% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 16,438 shares of the company’s stock worth $738,000 after buying an additional 12,922 shares in the last quarter. Envestnet Portfolio Solutions Inc. lifted its holdings in Fidelity Total Bond ETF by 15.2% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 206,062 shares of the company’s stock worth $9,246,000 after buying an additional 27,243 shares during the period. Finally, HUB Investment Partners LLC boosted its position in Fidelity Total Bond ETF by 11.2% during the 4th quarter. HUB Investment Partners LLC now owns 1,016,093 shares of the company’s stock valued at $45,592,000 after acquiring an additional 102,233 shares in the last quarter.

Fidelity Total Bond ETF Trading Down 0.2%

FBND opened at $45.10 on Tuesday. The firm has a market cap of $18.26 billion, a price-to-earnings ratio of 8.94 and a beta of 0.27. Fidelity Total Bond ETF has a 12 month low of $44.30 and a 12 month high of $47.30. The stock has a fifty day moving average price of $45.21 and a 200-day moving average price of $45.30.

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.