Juno Financial Group LLC Has $22.65 Million Stake in Fidelity Total Bond ETF $FBND

Juno Financial Group LLC grew its holdings in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 22.4% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 496,414 shares of the company’s stock after purchasing an additional 90,966 shares during the quarter. Fidelity Total Bond ETF makes up 8.9% of Juno Financial Group LLC’s investment portfolio, making the stock its 2nd largest holding. Juno Financial Group LLC’s holdings in Fidelity Total Bond ETF were worth $22,646,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the business. Root Financial Partners LLC purchased a new position in shares of Fidelity Total Bond ETF in the 4th quarter worth about $25,000. GHP Investment Advisors Inc. purchased a new stake in Fidelity Total Bond ETF during the first quarter worth about $25,000. Rialto Wealth Management LLC bought a new stake in Fidelity Total Bond ETF in the fourth quarter worth about $32,000. Tucker Asset Management LLC bought a new stake in Fidelity Total Bond ETF in the fourth quarter worth about $37,000. Finally, Key Capital Management INC bought a new stake in Fidelity Total Bond ETF in the fourth quarter worth about $49,000.

Fidelity Total Bond ETF Stock Up 0.1%

FBND opened at $45.29 on Friday. Fidelity Total Bond ETF has a twelve month low of $44.82 and a twelve month high of $46.86. The company’s 50-day moving average price is $45.44 and its two-hundred day moving average price is $45.83. The stock has a market cap of $27.13 billion, a price-to-earnings 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.