Fidelity Total Bond ETF (NYSEARCA:FBND) is LPF Advisors LLC’s 5th Largest Position

LPF Advisors LLC increased its position in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 6.4% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 268,452 shares of the company’s stock after purchasing an additional 16,250 shares during the period. Fidelity Total Bond ETF accounts for about 10.0% of LPF Advisors LLC’s holdings, making the stock its 5th biggest holding. LPF Advisors LLC’s holdings in Fidelity Total Bond ETF were worth $12,255,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. FMR LLC lifted its stake in shares of Fidelity Total Bond ETF by 2.1% in the 4th quarter. FMR LLC now owns 12,865,154 shares of the company’s stock valued at $577,259,000 after purchasing an additional 261,006 shares during the last quarter. Bank of America Corp DE raised its holdings in Fidelity Total Bond ETF by 8.4% in the 4th quarter. Bank of America Corp DE now owns 11,296,969 shares of the company’s stock valued at $506,895,000 after buying an additional 879,260 shares during the period. Sagespring Wealth Partners LLC purchased a new stake in Fidelity Total Bond ETF in the 4th quarter valued at about $395,300,000. JPMorgan Chase & Co. lifted its position in Fidelity Total Bond ETF by 39.2% in the fourth quarter. JPMorgan Chase & Co. now owns 7,194,319 shares of the company’s stock valued at $322,809,000 after buying an additional 2,024,839 shares during the last quarter. Finally, RFG Advisory LLC boosted its stake in Fidelity Total Bond ETF by 10.7% during the first quarter. RFG Advisory LLC now owns 4,752,156 shares of the company’s stock worth $216,936,000 after buying an additional 458,646 shares during the period.

Fidelity Total Bond ETF Stock Performance

Fidelity Total Bond ETF stock opened at $45.01 on Friday. The company’s 50 day simple moving average is $45.18 and its 200-day simple moving average is $45.29. Fidelity Total Bond ETF has a 1 year low of $44.30 and a 1 year high of $47.30. The company has a market capitalization of $18.22 billion, a price-to-earnings ratio of 8.94 and a beta of 0.27.

Fidelity Total Bond ETF 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.