Global Retirement Partners LLC Has $34.98 Million Stake in Fidelity Total Bond ETF $FBND

Global Retirement Partners LLC increased its position in Fidelity Total Bond ETF (NYSEARCA:FBND) by 5.6% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 759,690 shares of the company’s stock after purchasing an additional 40,263 shares during the period. Fidelity Total Bond ETF comprises about 0.6% of Global Retirement Partners LLC’s investment portfolio, making the stock its 28th biggest holding. Global Retirement Partners LLC’s holdings in Fidelity Total Bond ETF were worth $34,976,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Financial Synergies Wealth Advisors Inc. boosted its stake in Fidelity Total Bond ETF by 19.4% in the 4th quarter. Financial Synergies Wealth Advisors Inc. now owns 147,921 shares of the company’s stock worth $6,810,000 after purchasing an additional 24,027 shares during the period. Shakespeare Wealth Management LLC boosted its stake in Fidelity Total Bond ETF by 5.1% in the 4th quarter. Shakespeare Wealth Management LLC now owns 767,474 shares of the company’s stock worth $35,335,000 after purchasing an additional 37,181 shares during the period. Forum Private Client Group LLC boosted its stake in Fidelity Total Bond ETF by 20.9% in the 4th quarter. Forum Private Client Group LLC now owns 22,964 shares of the company’s stock worth $1,057,000 after purchasing an additional 3,970 shares during the period. IFP Advisors Inc boosted its stake in Fidelity Total Bond ETF by 2.9% in the 4th quarter. IFP Advisors Inc now owns 114,667 shares of the company’s stock worth $5,279,000 after purchasing an additional 3,257 shares during the period. Finally, Creative Financial Designs Inc. ADV boosted its stake in Fidelity Total Bond ETF by 2.7% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 478,249 shares of the company’s stock worth $22,019,000 after purchasing an additional 12,506 shares during the period.

Fidelity Total Bond ETF Stock Performance

Fidelity Total Bond ETF stock opened at $45.30 on Thursday. The company has a 50 day moving average price of $45.71 and a 200 day moving average price of $46.09. Fidelity Total Bond ETF has a 52 week low of $44.73 and a 52 week high of $46.86. The firm has a market capitalization of $25.38 billion, a price-to-earnings ratio of 8.94 and a beta of 0.28.

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.