WealthBridge Capital Management LLC raised its position in shares of Fidelity Total Bond ETF (NYSEARCA:FBND – Free Report) by 10.0% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 22,742 shares of the company’s stock after buying an additional 2,062 shares during the quarter. WealthBridge Capital Management LLC’s holdings in Fidelity Total Bond ETF were worth $1,040,000 at the end of the most recent quarter.
Other large investors also recently bought and sold shares of the company. Fifth Third Bancorp bought a new stake in shares of Fidelity Total Bond ETF in the 2nd quarter valued at approximately $27,000. Brown Lisle Cummings Inc. bought a new position in Fidelity Total Bond ETF during the second quarter worth $38,000. Clarity Asset Management Inc. boosted its holdings in Fidelity Total Bond ETF by 285.3% in the first quarter. Clarity Asset Management Inc. now owns 1,364 shares of the company’s stock worth $62,000 after purchasing an additional 1,010 shares during the period. Creekmur Asset Management LLC bought a new stake in Fidelity Total Bond ETF during the second quarter valued at $86,000. Finally, Strategic Investment Solutions Inc. IL bought a new stake in Fidelity Total Bond ETF during the first quarter valued at $92,000.
Fidelity Total Bond ETF Stock Performance
Shares of NYSEARCA:FBND opened at $46.46 on Friday. The company’s fifty day moving average is $46.45 and its two-hundred day moving average is $45.87. Fidelity Total Bond ETF has a 1-year low of $44.30 and a 1-year high of $46.86. The stock has a market capitalization of $22.20 billion, a price-to-earnings ratio of 8.94 and a beta of 0.28.
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.
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