21,527 Fidelity Total Bond ETF $FBND Shares Bought by Titleist Asset Management LLC

Titleist Asset Management LLC raised its position in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 13.8% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 178,054 shares of the company’s stock after acquiring an additional 21,527 shares during the period. Titleist Asset Management LLC’s holdings in Fidelity Total Bond ETF were worth $7,710,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Waverly Advisors LLC lifted its stake in Fidelity Total Bond ETF by 521.8% in the second quarter. Waverly Advisors LLC now owns 3,836,584 shares of the company’s stock worth $174,526,000 after purchasing an additional 3,219,570 shares during the last quarter. Align Financial LLC bought a new position in shares of Fidelity Total Bond ETF during the fourth quarter valued at approximately $141,726,000. JPMorgan Chase & Co. raised its holdings in shares of Fidelity Total Bond ETF by 25.8% in the fourth quarter. JPMorgan Chase & Co. now owns 11,574,323 shares of the company’s stock worth $532,882,000 after buying an additional 2,374,913 shares during the period. Legacy Wealth Management LLC raised its holdings in shares of Fidelity Total Bond ETF by 57.0% in the second quarter. Legacy Wealth Management LLC now owns 5,495,432 shares of the company’s stock worth $249,987,000 after buying an additional 1,995,732 shares during the period. Finally, Quotient Wealth Partners LLC lifted its stake in shares of Fidelity Total Bond ETF by 32.9% during the 1st quarter. Quotient Wealth Partners LLC now owns 6,501,284 shares of the company’s stock worth $296,589,000 after acquiring an additional 1,609,056 shares during the last quarter.

Fidelity Total Bond ETF Stock Up 0.3%

FBND traded up $0.14 during trading hours on Thursday, reaching $43.45. 3,332,706 shares of the company’s stock traded hands, compared to its average volume of 3,124,322. The firm has a 50-day moving average price of $44.46 and a 200 day moving average price of $45.15. The firm has a market capitalization of $28.02 billion, a PE ratio of 8.94 and a beta of 0.28. Fidelity Total Bond ETF has a 52-week low of $43.11 and a 52-week high of $46.86.

About Fidelity Total Bond ETF

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.