Vantage Point Financial LLC Has $291,000 Stock Holdings in Fidelity Total Bond ETF $FBND

Vantage Point Financial LLC boosted its position in Fidelity Total Bond ETF (NYSEARCA:FBND) by 13.1% during the 2nd quarter, Holdings Channel.com reports. The fund owned 6,367 shares of the company’s stock after buying an additional 737 shares during the quarter. Vantage Point Financial LLC’s holdings in Fidelity Total Bond ETF were worth $291,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. boosted its holdings in Fidelity Total Bond ETF by 10.6% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 81,162,777 shares of the company’s stock valued at $3,705,081,000 after acquiring an additional 7,778,802 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in Fidelity Total Bond ETF by 42.2% in the first quarter. JPMorgan Chase & Co. now owns 10,231,902 shares of the company’s stock valued at $467,086,000 after acquiring an additional 3,037,583 shares during the last quarter. Sagespring Wealth Partners LLC boosted its holdings in Fidelity Total Bond ETF by 8.5% in the first quarter. Sagespring Wealth Partners LLC now owns 9,556,568 shares of the company’s stock valued at $436,257,000 after acquiring an additional 746,666 shares during the last quarter. Dynasty Wealth Management LLC boosted its holdings in Fidelity Total Bond ETF by 103.0% in the first quarter. Dynasty Wealth Management LLC now owns 5,970,330 shares of the company’s stock valued at $272,546,000 after acquiring an additional 3,029,917 shares during the last quarter. Finally, Envestnet Asset Management Inc. boosted its holdings in Fidelity Total Bond ETF by 10.7% in the first quarter. Envestnet Asset Management Inc. now owns 5,097,709 shares of the company’s stock valued at $232,710,000 after acquiring an additional 490,739 shares during the last quarter.

Fidelity Total Bond ETF Stock Down 0.1%

Fidelity Total Bond ETF stock opened at $46.27 on Friday. The business’s 50-day simple moving average is $46.14 and its 200 day simple moving average is $45.61. The stock has a market cap of $21.24 billion, a price-to-earnings ratio of 8.94 and a beta of 0.17. Fidelity Total Bond ETF has a 12-month low of $44.30 and a 12-month high of $46.82.

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.