Fidelity Total Bond ETF $FBND Shares Bought by Flavin Financial Services Inc.

Flavin Financial Services Inc. boosted its position in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 28.1% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 225,694 shares of the company’s stock after acquiring an additional 49,517 shares during the quarter. Fidelity Total Bond ETF accounts for 5.1% of Flavin Financial Services Inc.’s portfolio, making the stock its 3rd biggest holding. Flavin Financial Services Inc.’s holdings in Fidelity Total Bond ETF were worth $9,773,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of FBND. EnRich Financial Partners LLC lifted its holdings in Fidelity Total Bond ETF by 1.5% in the third quarter. EnRich Financial Partners LLC now owns 559,534 shares of the company’s stock valued at $24,228,000 after acquiring an additional 8,318 shares during the period. Sage Private Wealth Group LLC purchased a new position in Fidelity Total Bond ETF in the third quarter worth about $2,614,000. Clarity Wealth Advisors LLC grew its stake in shares of Fidelity Total Bond ETF by 2.2% during the 3rd quarter. Clarity Wealth Advisors LLC now owns 260,883 shares of the company’s stock valued at $11,296,000 after purchasing an additional 5,528 shares during the period. Magnus Financial Group LLC bought a new stake in shares of Fidelity Total Bond ETF during the 3rd quarter valued at about $1,675,000. Finally, Eagle Rock Investment Company LLC grew its stake in shares of Fidelity Total Bond ETF by 6.0% during the 3rd quarter. Eagle Rock Investment Company LLC now owns 101,947 shares of the company’s stock valued at $4,414,000 after purchasing an additional 5,796 shares during the period.

Fidelity Total Bond ETF Price Performance

NYSEARCA FBND opened at $43.76 on Thursday. Fidelity Total Bond ETF has a 52 week low of $43.11 and a 52 week high of $46.86. The firm has a market capitalization of $28.21 billion, a P/E ratio of 8.94 and a beta of 0.28. The company has a 50-day moving average price of $44.20 and a 200-day moving average price of $45.01.

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.