Magnus Financial Group LLC acquired a new stake in Fidelity Total Bond ETF (NYSEARCA:FBND – Free Report) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 38,695 shares of the company’s stock, valued at approximately $1,675,000.
A number of other large investors have also modified their holdings of the company. GHP Investment Advisors Inc. acquired a new position in shares of Fidelity Total Bond ETF in the first quarter worth about $25,000. Community Financial Services Group LLC acquired a new stake in shares of Fidelity Total Bond ETF during the 2nd quarter valued at about $32,000. Maryland Capital Advisors Inc. acquired a new stake in shares of Fidelity Total Bond ETF during the 2nd quarter valued at about $37,000. Manning & Napier Advisors LLC purchased a new position in shares of Fidelity Total Bond ETF in the 1st quarter valued at about $53,000. Finally, Sound Income Strategies LLC increased its stake in shares of Fidelity Total Bond ETF by 180.6% in the 1st quarter. Sound Income Strategies LLC now owns 1,316 shares of the company’s stock valued at $60,000 after purchasing an additional 847 shares in the last quarter.
Fidelity Total Bond ETF Price Performance
Shares of Fidelity Total Bond ETF stock opened at $43.76 on Thursday. The firm has a market cap of $28.21 billion, a PE ratio of 8.94 and a beta of 0.28. Fidelity Total Bond ETF has a twelve month low of $43.11 and a twelve month high of $46.86. The business has a 50-day moving average price of $44.20 and a 200 day moving average price of $45.01.
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.
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