Barnes Pettey Financial Advisors LLC grew its holdings in Fidelity Total Bond ETF (NYSEARCA:FBND – Free Report) by 25.5% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 69,754 shares of the company’s stock after buying an additional 14,166 shares during the period. Fidelity Total Bond ETF accounts for about 1.4% of Barnes Pettey Financial Advisors LLC’s holdings, making the stock its 18th biggest holding. Barnes Pettey Financial Advisors LLC’s holdings in Fidelity Total Bond ETF were worth $3,182,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Root Financial Partners LLC purchased a new position in Fidelity Total Bond ETF in the 4th quarter worth approximately $25,000. GHP Investment Advisors Inc. purchased a new position in Fidelity Total Bond ETF during the first quarter worth approximately $25,000. Rialto Wealth Management LLC acquired a new position in Fidelity Total Bond ETF during the fourth quarter worth $32,000. Tucker Asset Management LLC purchased a new stake in Fidelity Total Bond ETF in the 4th quarter valued at $37,000. Finally, Key Capital Management INC acquired a new stake in shares of Fidelity Total Bond ETF in the 4th quarter worth $49,000.
Fidelity Total Bond ETF Stock Down 0.2%
NYSEARCA FBND opened at $45.40 on Thursday. The business’s fifty day simple moving average is $45.55 and its 200-day simple moving average is $45.91. The firm has a market cap of $26.52 billion, a PE ratio of 8.94 and a beta of 0.27. 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.
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