Gould Asset Management LLC CA Makes New Investment in Fidelity Total Bond ETF $FBND

Gould Asset Management LLC CA bought a new stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 12,245 shares of the company’s stock, valued at approximately $564,000.

A number of other institutional investors have also recently made changes to their positions in FBND. Financial Management Network Inc. increased its position in Fidelity Total Bond ETF by 20.3% during the fourth quarter. Financial Management Network Inc. now owns 123,217 shares of the company’s stock valued at $5,673,000 after acquiring an additional 20,803 shares during the last quarter. Sunburst Financial Group LLC grew its stake in shares of Fidelity Total Bond ETF by 2.6% during the 4th quarter. Sunburst Financial Group LLC now owns 1,110,436 shares of the company’s stock valued at $51,124,000 after purchasing an additional 28,089 shares during the period. Coyle Financial Counsel LLC increased its position in shares of Fidelity Total Bond ETF by 21.8% during the 3rd quarter. Coyle Financial Counsel LLC now owns 735,709 shares of the company’s stock valued at $34,019,000 after purchasing an additional 131,713 shares during the last quarter. Genesis Private Wealth LLC increased its position in shares of Fidelity Total Bond ETF by 9.0% during the 4th quarter. Genesis Private Wealth LLC now owns 315,452 shares of the company’s stock valued at $14,523,000 after purchasing an additional 26,093 shares during the last quarter. Finally, OLIO Financial Planning lifted its stake in shares of Fidelity Total Bond ETF by 5.8% in the 4th quarter. OLIO Financial Planning now owns 975,741 shares of the company’s stock worth $44,923,000 after purchasing an additional 53,318 shares during the period.

Fidelity Total Bond ETF Trading Up 0.1%

Shares of NYSEARCA FBND opened at $45.58 on Tuesday. Fidelity Total Bond ETF has a 12-month low of $44.82 and a 12-month high of $46.86. The firm has a market capitalization of $25.54 billion, a price-to-earnings ratio of 8.94 and a beta of 0.27. The firm has a 50 day moving average of $45.61 and a 200 day moving average of $45.97.

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.