Security National Bank of Sioux City Iowa IA Acquires New Shares in Fidelity Total Bond ETF $FBND

Security National Bank of Sioux City Iowa IA bought a new position in Fidelity Total Bond ETF (NYSEARCA:FBND) in the second quarter, HoldingsChannel reports. The institutional investor bought 15,290 shares of the company’s stock, valued at approximately $696,000.

Other hedge funds have also recently modified their holdings of the company. Talon Private Wealth LLC boosted its position in shares of Fidelity Total Bond ETF by 10.6% during the second quarter. Talon Private Wealth LLC now owns 4,937 shares of the company’s stock valued at $225,000 after buying an additional 474 shares during the last quarter. MCF Advisors LLC increased its holdings in Fidelity Total Bond ETF by 5.8% in the 2nd quarter. MCF Advisors LLC now owns 142,980 shares of the company’s stock worth $6,528,000 after buying an additional 7,872 shares in the last quarter. Capital Analysts LLC raised its position in Fidelity Total Bond ETF by 11.2% in the 2nd quarter. Capital Analysts LLC now owns 3,506,392 shares of the company’s stock worth $159,506,000 after buying an additional 353,902 shares during the last quarter. Summit Financial Strategies Inc. raised its position in Fidelity Total Bond ETF by 7.1% in the 2nd quarter. Summit Financial Strategies Inc. now owns 2,384,200 shares of the company’s stock worth $108,457,000 after buying an additional 157,574 shares during the last quarter. Finally, Integrated Wealth Concepts LLC boosted its holdings in shares of Fidelity Total Bond ETF by 0.9% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 1,252,617 shares of the company’s stock valued at $56,982,000 after acquiring an additional 11,740 shares during the last quarter.

Fidelity Total Bond ETF Stock Performance

Shares of FBND stock traded down $0.18 during trading hours on Friday, reaching $44.22. The company had a trading volume of 3,817,303 shares, compared to its average volume of 2,951,095. The business has a fifty day moving average price of $44.87 and a 200-day moving average price of $45.38. Fidelity Total Bond ETF has a one year low of $44.11 and a one year high of $46.86. The firm has a market cap of $27.90 billion, a PE ratio of 8.94 and a beta of 0.27.

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.