Fidelity Total Bond ETF $FBND Stock Holdings Increased by Falcon Wealth Planning

Falcon Wealth Planning lifted its stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 8.6% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,634,738 shares of the company’s stock after acquiring an additional 129,202 shares during the period. Fidelity Total Bond ETF accounts for approximately 4.7% of Falcon Wealth Planning’s portfolio, making the stock its 9th biggest holding. Falcon Wealth Planning’s holdings in Fidelity Total Bond ETF were worth $74,364,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Cerity Partners LLC raised its stake in Fidelity Total Bond ETF by 400.5% in the 2nd quarter. Cerity Partners LLC now owns 40,079 shares of the company’s stock valued at $1,834,000 after purchasing an additional 32,071 shares during the last quarter. Betterment LLC lifted its holdings in Fidelity Total Bond ETF by 2.7% in the 2nd quarter. Betterment LLC now owns 97,501 shares of the company’s stock valued at $4,461,000 after purchasing an additional 2,597 shares in the last quarter. Darwin Wealth Management LLC purchased a new position in Fidelity Total Bond ETF in the 2nd quarter valued at about $49,000. Graney & King LLC boosted its stake 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 last quarter. Finally, Ameriprise Financial Inc. boosted its stake 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 last quarter.

Fidelity Total Bond ETF Price Performance

Shares of NYSEARCA FBND opened at $44.91 on Thursday. The company has a market cap of $27.21 billion, a PE ratio of 8.94 and a beta of 0.27. Fidelity Total Bond ETF has a 12 month low of $44.65 and a 12 month high of $46.86. The company has a 50-day simple moving average of $45.27 and a 200-day simple moving average of $45.68.

Fidelity Total Bond ETF Company 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.