Fidelity Total Bond ETF (NYSEARCA:FBND) Shares Bought by Perigon Wealth Management LLC

Perigon Wealth Management LLC raised its stake in Fidelity Total Bond ETF (NYSEARCA:FBND) by 137.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 156,306 shares of the company’s stock after acquiring an additional 90,470 shares during the quarter. Perigon Wealth Management LLC owned approximately 0.08% of Fidelity Total Bond ETF worth $7,023,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Mark Sheptoff Financial Planning LLC acquired a new position in Fidelity Total Bond ETF during the third quarter valued at approximately $25,000. Northwest Investment Counselors LLC acquired a new position in shares of Fidelity Total Bond ETF during the third quarter worth $30,000. Highline Wealth Partners LLC acquired a new position in shares of Fidelity Total Bond ETF during the third quarter worth $47,000. Darwin Wealth Management LLC acquired a new position in shares of Fidelity Total Bond ETF during the third quarter worth $54,000. Finally, Wilmington Savings Fund Society FSB acquired a new position in shares of Fidelity Total Bond ETF during the third quarter worth $87,000.

Fidelity Total Bond ETF Price Performance

FBND opened at $45.22 on Tuesday. Fidelity Total Bond ETF has a 12-month low of $44.01 and a 12-month high of $47.30. The firm’s fifty day moving average price is $45.26 and its 200 day moving average price is $45.85. The stock has a market capitalization of $9.02 billion, a PE ratio of 8.85 and a beta of 0.19.

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.