Fidelity Total Bond ETF $FBND Shares Acquired by Harbour Investments Inc.

Harbour Investments Inc. lifted its position in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 8.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 441,646 shares of the company’s stock after purchasing an additional 33,076 shares during the period. Harbour Investments Inc. owned about 0.08% of Fidelity Total Bond ETF worth $20,333,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the company. Northwestern Mutual Wealth Management Co. raised its holdings in Fidelity Total Bond ETF by 3.9% in 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 acquiring an additional 3,390,440 shares in the last quarter. Quotient Wealth Partners LLC raised its holdings in Fidelity Total Bond ETF by 39.8% in the fourth quarter. Quotient Wealth Partners LLC now owns 4,892,228 shares of the company’s stock valued at $225,238,000 after acquiring an additional 1,393,081 shares in the last quarter. Allworth Financial LP raised its holdings in Fidelity Total Bond ETF by 296.9% in the fourth quarter. Allworth Financial LP now owns 1,190,370 shares of the company’s stock valued at $54,805,000 after acquiring an additional 890,484 shares in the last quarter. Thrivent Financial for Lutherans raised its holdings in Fidelity Total Bond ETF by 37.6% in the third quarter. Thrivent Financial for Lutherans now owns 2,989,730 shares of the company’s stock valued at $138,245,000 after acquiring an additional 816,419 shares in the last quarter. Finally, Modern Wealth Management LLC raised its holdings in Fidelity Total Bond ETF by 54.3% in the third quarter. Modern Wealth Management LLC now owns 2,170,408 shares of the company’s stock valued at $100,360,000 after acquiring an additional 764,134 shares in the last quarter.

Fidelity Total Bond ETF Price Performance

FBND opened at $45.40 on Tuesday. The stock has a market capitalization of $25.44 billion, a PE ratio of 8.94 and a beta of 0.28. The firm’s fifty day moving average price is $45.68 and its 200 day moving average price is $46.07. Fidelity Total Bond ETF has a 12-month low of $44.82 and a 12-month high of $46.86.

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.