Fidelity Total Bond ETF $FBND Holdings Lifted by Henderson Brothers Financial Partners LLC

Henderson Brothers Financial Partners LLC grew its stake in Fidelity Total Bond ETF (NYSEARCA:FBND) by 8.7% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 850,483 shares of the company’s stock after acquiring an additional 68,056 shares during the quarter. Fidelity Total Bond ETF accounts for 13.3% of Henderson Brothers Financial Partners LLC’s portfolio, making the stock its 2nd biggest holding. Henderson Brothers Financial Partners LLC owned about 0.13% of Fidelity Total Bond ETF worth $36,826,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in FBND. Bank of America Corp DE boosted its stake in Fidelity Total Bond ETF by 6.3% in the 1st quarter. Bank of America Corp DE now owns 14,706,838 shares of the company’s stock worth $670,926,000 after purchasing an additional 871,672 shares in the last quarter. Envestnet Asset Management Inc. increased its stake in Fidelity Total Bond ETF by 7.9% during the 2nd quarter. Envestnet Asset Management Inc. now owns 8,059,617 shares of the company’s stock valued at $366,632,000 after purchasing an additional 587,351 shares in the last quarter. Cetera Investment Advisers raised its holdings in Fidelity Total Bond ETF by 15.9% in the first quarter. Cetera Investment Advisers now owns 6,801,133 shares of the company’s stock worth $310,268,000 after buying an additional 930,834 shares during the last quarter. Sax Wealth Advisors LLC raised its holdings in Fidelity Total Bond ETF by 49.8% in the third quarter. Sax Wealth Advisors LLC now owns 6,727,943 shares of the company’s stock worth $291,320,000 after buying an additional 2,236,473 shares during the last quarter. Finally, Legacy Wealth Management LLC raised its holdings in Fidelity Total Bond ETF by 57.0% in the second quarter. Legacy Wealth Management LLC now owns 5,495,432 shares of the company’s stock worth $249,987,000 after buying an additional 1,995,732 shares during the last quarter.

Fidelity Total Bond ETF Stock Performance

Shares of NYSEARCA FBND opened at $44.33 on Friday. The firm’s 50 day moving average price is $44.01 and its 200-day moving average price is $45.23. Fidelity Total Bond ETF has a 52-week low of $43.11 and a 52-week high of $46.78. The company has a market cap of $28.58 billion, a PE ratio of 8.94 and a beta of 0.28.

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.