RDA Financial Network Has $3.92 Million Stock Holdings in Fidelity Total Bond ETF (NYSEARCA:FBND)

RDA Financial Network raised its holdings in Fidelity Total Bond ETF (NYSEARCA:FBND) by 68.9% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 87,343 shares of the company’s stock after buying an additional 35,616 shares during the quarter. Fidelity Total Bond ETF accounts for about 1.1% of RDA Financial Network’s investment portfolio, making the stock its 15th largest position. RDA Financial Network’s holdings in Fidelity Total Bond ETF were worth $3,919,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. FMR LLC lifted its position in shares of Fidelity Total Bond ETF by 2.2% in the 3rd quarter. FMR LLC now owns 12,604,148 shares of the company’s stock worth $589,118,000 after acquiring an additional 267,811 shares during the period. JPMorgan Chase & Co. lifted its position in Fidelity Total Bond ETF by 11.2% in the third quarter. JPMorgan Chase & Co. now owns 5,169,480 shares of the company’s stock worth $241,622,000 after purchasing an additional 520,113 shares during the period. RFG Advisory LLC boosted its stake in Fidelity Total Bond ETF by 9.6% during the third quarter. RFG Advisory LLC now owns 4,042,746 shares of the company’s stock worth $188,958,000 after buying an additional 353,138 shares in the last quarter. Mather Group LLC. increased 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 valued at $165,692,000 after buying an additional 3,461,472 shares during the period. Finally, Legacy Wealth Management Inc raised its stake in shares of Fidelity Total Bond ETF by 2.2% in the 3rd quarter. Legacy Wealth Management Inc now owns 2,937,256 shares of the company’s stock valued at $137,287,000 after buying an additional 62,805 shares in the last quarter.

Fidelity Total Bond ETF Stock Performance

Shares of Fidelity Total Bond ETF stock opened at $44.93 on Friday. The firm has a market cap of $8.97 billion, a P/E ratio of 8.85 and a beta of 0.19. The firm’s 50-day simple moving average is $45.31 and its 200-day simple moving average is $45.84. Fidelity Total Bond ETF has a twelve month low of $44.01 and a twelve month 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.