Fidelity Total Bond ETF $FBND Stake Raised by InTrack Investment Management Inc

InTrack Investment Management Inc increased its holdings in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 108.9% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 75,506 shares of the company’s stock after buying an additional 39,358 shares during the period. Fidelity Total Bond ETF comprises 2.3% of InTrack Investment Management Inc’s investment portfolio, making the stock its 10th largest holding. InTrack Investment Management Inc’s holdings in Fidelity Total Bond ETF were worth $3,454,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the business. Northwestern Mutual Wealth Management Co. increased its position in shares of Fidelity Total Bond ETF by 10.6% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 81,162,777 shares of the company’s stock valued at $3,705,081,000 after purchasing an additional 7,778,802 shares during the last quarter. JPMorgan Chase & Co. increased its position in shares of Fidelity Total Bond ETF by 42.2% in the 1st quarter. JPMorgan Chase & Co. now owns 10,231,902 shares of the company’s stock valued at $467,086,000 after purchasing an additional 3,037,583 shares during the last quarter. Dynasty Wealth Management LLC increased its position in shares of Fidelity Total Bond ETF by 103.0% in the 1st quarter. Dynasty Wealth Management LLC now owns 5,970,330 shares of the company’s stock valued at $272,546,000 after purchasing an additional 3,029,917 shares during the last quarter. Quotient Wealth Partners LLC increased its position in shares of Fidelity Total Bond ETF by 202.9% in the 1st quarter. Quotient Wealth Partners LLC now owns 3,181,431 shares of the company’s stock valued at $145,232,000 after purchasing an additional 2,131,128 shares during the last quarter. Finally, Jane Street Group LLC increased its position in shares of Fidelity Total Bond ETF by 8,037.4% in the 1st quarter. Jane Street Group LLC now owns 1,260,488 shares of the company’s stock valued at $57,541,000 after purchasing an additional 1,244,998 shares during the last quarter.

Fidelity Total Bond ETF Stock Performance

Shares of NYSEARCA:FBND opened at $46.32 on Thursday. Fidelity Total Bond ETF has a 52 week low of $44.30 and a 52 week high of $46.75. The company’s 50 day moving average is $46.12 and its two-hundred day moving average is $45.61. The company has a market cap of $21.27 billion, a PE ratio of 8.94 and a beta of 0.17.

Fidelity Total Bond ETF Company 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.