Peapack Gladstone Financial Corp Has $3.76 Million Stock Holdings in Fidelity Total Bond ETF (NYSEARCA:FBND)

Peapack Gladstone Financial Corp boosted its position in Fidelity Total Bond ETF (NYSEARCA:FBND) by 24.1% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 80,450 shares of the company’s stock after acquiring an additional 15,620 shares during the period. Peapack Gladstone Financial Corp’s holdings in Fidelity Total Bond ETF were worth $3,760,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in FBND. Mark Sheptoff Financial Planning LLC bought a new stake in Fidelity Total Bond ETF in the third quarter valued at about $25,000. Northwest Investment Counselors LLC bought a new position in shares of Fidelity Total Bond ETF during the third quarter worth $30,000. Transcendent Capital Group LLC acquired a new position in shares of Fidelity Total Bond ETF in the 2nd quarter valued at $32,000. Highline Wealth Partners LLC bought a new stake in shares of Fidelity Total Bond ETF in the 3rd quarter valued at $47,000. Finally, Darwin Wealth Management LLC bought a new position in Fidelity Total Bond ETF during the third quarter worth about $54,000.

Fidelity Total Bond ETF Price Performance

Shares of Fidelity Total Bond ETF stock opened at $45.47 on Friday. The company has a market capitalization of $9.07 billion, a P/E ratio of 8.85 and a beta of 0.19. The business has a 50-day moving average of $45.75 and a two-hundred day moving average of $45.88. Fidelity Total Bond ETF has a 1 year low of $44.01 and a 1 year high of $47.30.

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.