Fidelity Total Bond ETF $FBND is Ullmann Wealth Partners Group LLC’s 7th Largest Position

Ullmann Wealth Partners Group LLC increased its stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 506.9% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 755,976 shares of the company’s stock after purchasing an additional 631,409 shares during the period. Fidelity Total Bond ETF makes up approximately 3.6% of Ullmann Wealth Partners Group LLC’s investment portfolio, making the stock its 7th largest position. Ullmann Wealth Partners Group LLC owned 0.14% of Fidelity Total Bond ETF worth $35,047,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in FBND. Cerity Partners LLC boosted its position in shares of Fidelity Total Bond ETF by 400.5% during the 2nd quarter. Cerity Partners LLC now owns 40,079 shares of the company’s stock worth $1,834,000 after purchasing an additional 32,071 shares during the period. Betterment LLC boosted its position 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 purchased a new position in shares of Fidelity Total Bond ETF during the 2nd quarter worth approximately $49,000. Graney & King LLC boosted its position in shares of Fidelity Total Bond ETF by 7.3% during the 2nd quarter. Graney & King LLC now owns 50,169 shares of the company’s stock worth $2,295,000 after purchasing an additional 3,402 shares during the period. Finally, Ameriprise Financial Inc. boosted its position in shares of Fidelity Total Bond ETF by 40.9% during the 2nd quarter. Ameriprise Financial Inc. now owns 6,626 shares of the company’s stock worth $303,000 after purchasing an additional 1,924 shares during the period.

Fidelity Total Bond ETF Stock Performance

NYSEARCA:FBND opened at $45.59 on Friday. The stock has a market capitalization of $25.54 billion, a P/E ratio of 8.94 and a beta of 0.27. The company has a 50 day moving average price of $45.62 and a 200 day moving average price of $45.98. Fidelity Total Bond ETF has a fifty-two week low of $44.82 and a fifty-two week high of $46.86.

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.