Fidelity Total Bond ETF $FBND Shares Acquired by Eaton Financial Holdings Company LLC

Eaton Financial Holdings Company LLC grew its stake in Fidelity Total Bond ETF (NYSEARCA:FBND) by 10.6% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 141,119 shares of the company’s stock after purchasing an additional 13,554 shares during the period. Fidelity Total Bond ETF comprises 1.7% of Eaton Financial Holdings Company LLC’s investment portfolio, making the stock its 16th biggest position. Eaton Financial Holdings Company LLC’s holdings in Fidelity Total Bond ETF were worth $6,497,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Fidelity Total Bond ETF by 3.9% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 89,517,143 shares of the company’s stock valued at $4,139,273,000 after buying an additional 3,390,440 shares during the period. Bank of America Corp DE lifted its holdings in shares of Fidelity Total Bond ETF by 5.6% in the 3rd quarter. Bank of America Corp DE now owns 12,954,872 shares of the company’s stock valued at $599,033,000 after buying an additional 683,930 shares during the period. Sagespring Wealth Partners LLC lifted its holdings in shares of Fidelity Total Bond ETF by 3.2% in the 4th quarter. Sagespring Wealth Partners LLC now owns 10,181,189 shares of the company’s stock valued at $468,742,000 after buying an additional 311,221 shares during the period. JPMorgan Chase & Co. lifted its holdings in shares of Fidelity Total Bond ETF by 5.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 9,199,410 shares of the company’s stock valued at $425,381,000 after buying an additional 445,810 shares during the period. Finally, Country Trust Bank lifted its holdings in shares of Fidelity Total Bond ETF by 1.9% in the 4th quarter. Country Trust Bank now owns 6,392,262 shares of the company’s stock valued at $294,300,000 after buying an additional 120,048 shares during the period.

Fidelity Total Bond ETF Stock Up 0.0%

Shares of FBND stock opened at $45.57 on Thursday. The stock has a market cap of $25.53 billion, a PE ratio of 8.94 and a beta of 0.28. The business has a 50-day simple moving average of $45.67 and a 200-day simple moving average of $46.06. Fidelity Total Bond ETF has a 52-week low of $44.82 and a 52-week high of $46.86.

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.