Fidelity Total Bond ETF (NYSEARCA:FBND) Stake Lifted by Ritholtz Wealth Management

Ritholtz Wealth Management grew its stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBNDFree Report) by 5.4% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 1,855,006 shares of the company’s stock after acquiring an additional 95,073 shares during the period. Fidelity Total Bond ETF comprises 2.4% of Ritholtz Wealth Management’s investment portfolio, making the stock its 9th biggest position. Ritholtz Wealth Management owned approximately 0.93% of Fidelity Total Bond ETF worth $83,234,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently modified their holdings of FBND. Mark Sheptoff Financial Planning LLC bought a new stake in Fidelity Total Bond ETF in the 3rd quarter valued at about $25,000. Northwest Investment Counselors LLC purchased a new position in shares of Fidelity Total Bond ETF in the third quarter worth about $30,000. Highline Wealth Partners LLC bought a new stake in shares of Fidelity Total Bond ETF in the third quarter valued at approximately $47,000. Darwin Wealth Management LLC purchased a new stake in shares of Fidelity Total Bond ETF during the 3rd quarter valued at approximately $54,000. Finally, Wilmington Savings Fund Society FSB bought a new position in Fidelity Total Bond ETF in the 3rd quarter worth approximately $87,000.

Fidelity Total Bond ETF Trading Up 0.2 %

Fidelity Total Bond ETF stock opened at $44.93 on Friday. The firm has a market capitalization of $8.97 billion, a price-to-earnings ratio of 8.85 and a beta of 0.19. The firm has a 50 day simple moving average of $45.31 and a 200 day simple moving average of $45.84. Fidelity Total Bond ETF has a 1-year low of $44.01 and a 1-year high of $47.30.

About Fidelity Total Bond ETF

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Fidelity Total Bond ETF (NYSEARCA:FBND)

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