5,405 Shares in Fidelity Total Bond ETF (NYSEARCA:FBND) Purchased by Signet Financial Management LLC

Signet Financial Management LLC purchased a new position in Fidelity Total Bond ETF (NYSEARCA:FBND) in the fourth quarter, Holdings Channel reports. The fund purchased 5,405 shares of the company’s stock, valued at approximately $249,000.

A number of other large investors also recently bought and sold shares of FBND. Sequoia Financial Advisors LLC raised its holdings in shares of Fidelity Total Bond ETF by 0.9% during the third quarter. Sequoia Financial Advisors LLC now owns 1,952,360 shares of the company’s stock valued at $85,045,000 after acquiring an additional 18,368 shares during the last quarter. Baker Avenue Asset Management LP raised its holdings in shares of Fidelity Total Bond ETF by 6.1% during the third quarter. Baker Avenue Asset Management LP now owns 1,852,684 shares of the company’s stock valued at $80,703,000 after acquiring an additional 105,723 shares during the last quarter. Sound Income Strategies LLC acquired a new position in shares of Fidelity Total Bond ETF during the fourth quarter valued at approximately $74,000. Opal Wealth Advisors LLC raised its holdings in shares of Fidelity Total Bond ETF by 4.1% during the fourth quarter. Opal Wealth Advisors LLC now owns 35,182 shares of the company’s stock valued at $1,620,000 after acquiring an additional 1,372 shares during the last quarter. Finally, Masso Torrence Wealth Management Inc. raised its holdings in shares of Fidelity Total Bond ETF by 8.0% during the third quarter. Masso Torrence Wealth Management Inc. now owns 100,727 shares of the company’s stock valued at $4,388,000 after acquiring an additional 7,478 shares during the last quarter.

Fidelity Total Bond ETF Price Performance

FBND stock opened at $44.30 on Thursday. The business has a 50 day simple moving average of $45.08 and a 200-day simple moving average of $44.77. The firm has a market capitalization of $4.25 billion, a PE ratio of 12.64 and a beta of 0.17. Fidelity Total Bond ETF has a 1 year low of $42.45 and a 1 year high of $46.38.

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.