70,325 Fidelity Total Bond ETF $FBND Shares Bought by Simplicity Wealth LLC

Simplicity Wealth LLC lifted its holdings in Fidelity Total Bond ETF (NYSEARCA:FBND) by 74.5% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 164,754 shares of the company’s stock after purchasing an additional 70,325 shares during the period. Simplicity Wealth LLC’s holdings in Fidelity Total Bond ETF were worth $7,134,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in FBND. Bright Financial Advisors Inc. boosted its stake in Fidelity Total Bond ETF by 63.2% during the 3rd quarter. Bright Financial Advisors Inc. now owns 56,987 shares of the company’s stock valued at $2,468,000 after purchasing an additional 22,066 shares during the period. Mascoma Wealth Management LLC grew its holdings in Fidelity Total Bond ETF by 3.7% in the 3rd quarter. Mascoma Wealth Management LLC now owns 831,803 shares of the company’s stock valued at $36,017,000 after buying an additional 29,844 shares during the last quarter. James J. Burns & Company LLC grew its holdings in Fidelity Total Bond ETF by 18.7% in the 3rd quarter. James J. Burns & Company LLC now owns 8,250 shares of the company’s stock valued at $357,000 after buying an additional 1,302 shares during the last quarter. Rede Wealth LLC increased its position in Fidelity Total Bond ETF by 21.4% in the 3rd quarter. Rede Wealth LLC now owns 110,151 shares of the company’s stock worth $4,770,000 after buying an additional 19,397 shares during the period. Finally, BIP Wealth LLC increased its position in Fidelity Total Bond ETF by 17.9% in the 3rd quarter. BIP Wealth LLC now owns 12,144 shares of the company’s stock worth $526,000 after buying an additional 1,845 shares during the period.

Fidelity Total Bond ETF Stock Down 0.2%

Shares of FBND stock opened at $44.05 on Friday. Fidelity Total Bond ETF has a 12 month low of $43.11 and a 12 month high of $46.86. The firm has a market cap of $28.40 billion, a PE ratio of 8.94 and a beta of 0.28. The stock has a 50 day moving average of $44.17 and a 200-day moving average of $44.99.

Fidelity Total Bond ETF 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.