Fidelity Total Bond ETF $FBND Shares Acquired by Centaurus Financial Inc.

Centaurus Financial Inc. grew its holdings in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 21.1% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 529,510 shares of the company’s stock after purchasing an additional 92,219 shares during the period. Fidelity Total Bond ETF makes up approximately 1.1% of Centaurus Financial Inc.’s investment portfolio, making the stock its 14th largest holding. Centaurus Financial Inc.’s holdings in Fidelity Total Bond ETF were worth $24,156,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Morgan Stanley grew its position in Fidelity Total Bond ETF by 16.2% in the fourth quarter. Morgan Stanley now owns 34,716,320 shares of the company’s stock worth $1,598,339,000 after buying an additional 4,830,198 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its position in Fidelity Total Bond ETF by 3.9% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 89,517,143 shares of the company’s stock valued at $4,139,273,000 after purchasing an additional 3,390,440 shares in the last quarter. Align Financial LLC acquired a new position in shares of Fidelity Total Bond ETF in the fourth quarter worth $141,726,000. JPMorgan Chase & Co. raised its stake in shares of Fidelity Total Bond ETF by 25.8% during the 4th quarter. JPMorgan Chase & Co. now owns 11,574,323 shares of the company’s stock worth $532,882,000 after purchasing an additional 2,374,913 shares in the last quarter. Finally, Dynasty Wealth Management LLC raised its position in Fidelity Total Bond ETF by 30.0% during the fourth quarter. Dynasty Wealth Management LLC now owns 8,650,398 shares of the company’s stock valued at $398,264,000 after acquiring an additional 1,993,799 shares in the last quarter.

Fidelity Total Bond ETF Stock Performance

FBND opened at $44.98 on Thursday. Fidelity Total Bond ETF has a twelve month low of $44.82 and a twelve month high of $46.86. The business has a 50 day moving average price of $45.39 and a 200 day moving average price of $45.76. The firm has a market cap of $27.10 billion, a P/E ratio of 8.94 and a beta of 0.27.

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.