Fidelity Total Bond ETF $FBND Shares Bought by Ritholtz Wealth Management

Ritholtz Wealth Management lifted its holdings in Fidelity Total Bond ETF (NYSEARCA:FBND) by 3.9% in the 1st quarter, HoldingsChannel reports. The firm owned 4,005,798 shares of the company’s stock after purchasing an additional 150,495 shares during the quarter. Fidelity Total Bond ETF makes up 3.2% of Ritholtz Wealth Management’s portfolio, making the stock its 4th largest holding. Ritholtz Wealth Management’s holdings in Fidelity Total Bond ETF were worth $182,745,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of FBND. Financial Management Network Inc. lifted its stake in shares of Fidelity Total Bond ETF by 20.3% in the 4th quarter. Financial Management Network Inc. now owns 123,217 shares of the company’s stock valued at $5,673,000 after purchasing an additional 20,803 shares during the last quarter. Sunburst Financial Group LLC increased its position in Fidelity Total Bond ETF by 2.6% during the fourth quarter. Sunburst Financial Group LLC now owns 1,110,436 shares of the company’s stock worth $51,124,000 after buying an additional 28,089 shares during the last quarter. Genesis Private Wealth LLC raised its holdings in Fidelity Total Bond ETF by 9.0% during the fourth quarter. Genesis Private Wealth LLC now owns 315,452 shares of the company’s stock valued at $14,523,000 after buying an additional 26,093 shares in the last quarter. OLIO Financial Planning lifted its position in shares of Fidelity Total Bond ETF by 5.8% in the fourth quarter. OLIO Financial Planning now owns 975,741 shares of the company’s stock worth $44,923,000 after buying an additional 53,318 shares during the last quarter. Finally, Capital Wealth Management LLC lifted its position in shares of Fidelity Total Bond ETF by 9.3% in the first quarter. Capital Wealth Management LLC now owns 625,513 shares of the company’s stock worth $28,536,000 after buying an additional 53,398 shares during the last quarter.

Fidelity Total Bond ETF Stock Performance

FBND opened at $45.76 on Thursday. The company has a market cap of $25.64 billion, a PE ratio of 8.94 and a beta of 0.27. The stock has a 50-day moving average of $45.59 and a 200-day moving average of $45.93. Fidelity Total Bond ETF has a 52-week low of $44.82 and a 52-week high of $46.86.

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.