Fidelity Total Bond ETF (NYSEARCA:FBND) Holdings Lifted by DeDora Capital Inc.

DeDora Capital Inc. lifted its position in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 5.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 322,813 shares of the company’s stock after buying an additional 17,168 shares during the quarter. Fidelity Total Bond ETF makes up 5.2% of DeDora Capital Inc.’s investment portfolio, making the stock its 4th largest position. DeDora Capital Inc. owned about 0.34% of Fidelity Total Bond ETF worth $14,862,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. JPMorgan Chase & Co. grew its holdings in Fidelity Total Bond ETF by 2,874.0% in the third quarter. JPMorgan Chase & Co. now owns 3,007,184 shares of the company’s stock valued at $130,996,000 after purchasing an additional 2,906,069 shares during the period. Legacy Wealth Management Inc acquired a new position in Fidelity Total Bond ETF during the third quarter valued at approximately $120,780,000. Bank of America Corp DE boosted its position in Fidelity Total Bond ETF by 316.7% during the 1st quarter. Bank of America Corp DE now owns 3,081,245 shares of the company’s stock worth $141,737,000 after purchasing an additional 2,341,860 shares during the period. Blue Chip Partners LLC raised its holdings in shares of Fidelity Total Bond ETF by 8,501.0% during the 3rd quarter. Blue Chip Partners LLC now owns 2,153,777 shares of the company’s stock valued at $93,819,000 after buying an additional 2,128,736 shares during the period. Finally, FMR LLC raised its stake in shares of Fidelity Total Bond ETF by 26,366.0% during the third quarter. FMR LLC now owns 2,086,842 shares of the company’s stock valued at $90,903,000 after purchasing an additional 2,078,957 shares during the period.

Fidelity Total Bond ETF Trading Down 0.1 %

FBND stock traded down $0.04 during trading on Thursday, reaching $45.31. The stock had a trading volume of 1,002,118 shares, compared to its average volume of 1,013,486. The firm has a fifty day moving average price of $45.31 and a 200 day moving average price of $44.70. The company has a market capitalization of $4.35 billion, a P/E ratio of 12.64 and a beta of 0.17. Fidelity Total Bond ETF has a 1-year low of $42.45 and a 1-year high of $46.53.

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.