Fidelity Total Bond ETF $FBND Shares Bought by Quotient Wealth Partners LLC

Quotient Wealth Partners LLC grew its holdings in Fidelity Total Bond ETF (NYSEARCA:FBND) by 32.9% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 6,501,284 shares of the company’s stock after acquiring an additional 1,609,056 shares during the quarter. Fidelity Total Bond ETF accounts for 7.8% of Quotient Wealth Partners LLC’s portfolio, making the stock its 3rd largest holding. Quotient Wealth Partners LLC’s holdings in Fidelity Total Bond ETF were worth $296,589,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of FBND. Cerity Partners LLC boosted its holdings in Fidelity Total Bond ETF by 400.5% in the 2nd quarter. Cerity Partners LLC now owns 40,079 shares of the company’s stock valued at $1,834,000 after purchasing an additional 32,071 shares during the period. Betterment LLC increased its holdings in shares of Fidelity Total Bond ETF by 2.7% during the 2nd quarter. Betterment LLC now owns 97,501 shares of the company’s stock worth $4,461,000 after purchasing an additional 2,597 shares during the period. Darwin Wealth Management LLC bought a new position in shares of Fidelity Total Bond ETF during the 2nd quarter worth about $49,000. Graney & King LLC raised its position in shares of Fidelity Total Bond ETF by 7.3% during the second quarter. Graney & King LLC now owns 50,169 shares of the company’s stock valued at $2,295,000 after buying an additional 3,402 shares during the last quarter. Finally, Ameriprise Financial Inc. raised its position in shares of Fidelity Total Bond ETF by 40.9% during the second quarter. Ameriprise Financial Inc. now owns 6,626 shares of the company’s stock valued at $303,000 after buying an additional 1,924 shares during the last quarter.

Fidelity Total Bond ETF Stock Performance

NYSEARCA FBND opened at $45.61 on Friday. The firm has a 50-day simple moving average of $45.60 and a 200 day simple moving average of $45.95. Fidelity Total Bond ETF has a twelve month low of $44.82 and a twelve month high of $46.86. The stock has a market cap of $25.56 billion, a PE ratio of 8.94 and a beta of 0.27.

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.