Fidelity Total Bond ETF $FBND Shares Acquired by Shakespeare Wealth Management LLC

Shakespeare Wealth Management LLC increased its stake in Fidelity Total Bond ETF (NYSEARCA:FBND) by 3.9% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 978,216 shares of the company’s stock after purchasing an additional 36,991 shares during the period. Fidelity Total Bond ETF accounts for 8.2% of Shakespeare Wealth Management LLC’s portfolio, making the stock its 3rd largest holding. Shakespeare Wealth Management LLC owned about 0.15% of Fidelity Total Bond ETF worth $42,357,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently bought and sold shares of the company. Community Financial Services Group LLC bought a new position in Fidelity Total Bond ETF in the 2nd quarter valued at $32,000. Maryland Capital Advisors Inc. acquired a new stake in shares of Fidelity Total Bond ETF in the 2nd quarter valued at $37,000. Manning & Napier Advisors LLC bought a new stake in shares of Fidelity Total Bond ETF during the first quarter worth $53,000. Sound Income Strategies LLC raised its position in shares of Fidelity Total Bond ETF by 180.6% during the first quarter. Sound Income Strategies LLC now owns 1,316 shares of the company’s stock worth $60,000 after acquiring an additional 847 shares during the last quarter. Finally, Mosley Wealth Management bought a new stake in shares of Fidelity Total Bond ETF during the third quarter worth $64,000.

Fidelity Total Bond ETF Stock Down 0.2%

Shares of FBND opened at $44.06 on Thursday. Fidelity Total Bond ETF has a 12-month low of $43.11 and a 12-month high of $46.84. The firm has a market capitalization of $28.41 billion, a PE ratio of 8.94 and a beta of 0.28. The stock’s fifty day simple moving average is $44.12 and its 200-day simple moving average is $45.29.

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.