One Plus One Wealth Management LLC Raises Stake in Fidelity Total Bond ETF (NYSEARCA:FBND)

One Plus One Wealth Management LLC boosted its stake in Fidelity Total Bond ETF (NYSEARCA:FBND) by 3.1% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 17,636 shares of the company’s stock after acquiring an additional 538 shares during the period. One Plus One Wealth Management LLC’s holdings in Fidelity Total Bond ETF were worth $824,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Country Trust Bank increased its holdings in Fidelity Total Bond ETF by 12.7% in the 2nd quarter. Country Trust Bank now owns 5,960,744 shares of the company’s stock worth $267,816,000 after acquiring an additional 672,872 shares during the last quarter. RFG Advisory LLC raised its position in shares of Fidelity Total Bond ETF by 9.6% in the third quarter. RFG Advisory LLC now owns 4,042,746 shares of the company’s stock valued at $188,958,000 after purchasing an additional 353,138 shares during the period. Envestnet Asset Management Inc. lifted its stake in shares of Fidelity Total Bond ETF by 27.5% during the 2nd quarter. Envestnet Asset Management Inc. now owns 3,824,123 shares of the company’s stock valued at $171,818,000 after buying an additional 825,448 shares in the last quarter. Mather Group LLC. boosted its holdings in Fidelity Total Bond ETF by 4,145.0% in the 3rd quarter. Mather Group LLC. now owns 3,544,982 shares of the company’s stock worth $165,692,000 after buying an additional 3,461,472 shares during the period. Finally, Legacy Wealth Management Inc lifted its position in shares of Fidelity Total Bond ETF by 2.2% during the third quarter. Legacy Wealth Management Inc now owns 2,937,256 shares of the company’s stock worth $137,287,000 after acquiring an additional 62,805 shares in the last quarter.

Fidelity Total Bond ETF Stock Performance

Shares of NYSEARCA FBND opened at $45.61 on Wednesday. Fidelity Total Bond ETF has a fifty-two week low of $43.34 and a fifty-two week high of $47.30. The stock has a market cap of $9.10 billion, a PE ratio of 8.85 and a beta of 0.19. The stock has a fifty day moving average of $46.40 and a 200-day moving average of $45.69.

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.