Fidelity Total Bond ETF (NYSEARCA:FBND) Stake Lifted by One Plus One Wealth Management LLC

One Plus One Wealth Management LLC increased its stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 4.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 18,340 shares of the company’s stock after buying an additional 704 shares during the quarter. One Plus One Wealth Management LLC’s holdings in Fidelity Total Bond ETF were worth $823,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Rockefeller Capital Management L.P. boosted its position in Fidelity Total Bond ETF by 3.1% during the 3rd quarter. Rockefeller Capital Management L.P. now owns 39,999 shares of the company’s stock worth $1,869,000 after acquiring an additional 1,188 shares during the period. Marshall Financial Group LLC acquired a new position in Fidelity Total Bond ETF during the 3rd quarter worth $843,000. Arete Wealth Advisors LLC boosted its position in Fidelity Total Bond ETF by 78.3% during the 3rd quarter. Arete Wealth Advisors LLC now owns 448,065 shares of the company’s stock worth $20,923,000 after acquiring an additional 196,783 shares during the period. JPMorgan Chase & Co. boosted its position in Fidelity Total Bond ETF by 11.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 5,169,480 shares of the company’s stock worth $241,622,000 after acquiring an additional 520,113 shares during the period. Finally, Centerline Wealth Advisors LLC acquired a new position in Fidelity Total Bond ETF during the 4th quarter worth $15,492,000.

Fidelity Total Bond ETF Stock Down 0.5 %

Shares of Fidelity Total Bond ETF stock opened at $44.90 on Thursday. The firm has a market cap of $8.96 billion, a price-to-earnings ratio of 8.85 and a beta of 0.19. The business has a fifty day simple moving average of $45.14 and a 200-day simple moving average of $45.82. Fidelity Total Bond ETF has a fifty-two week low of $44.01 and a fifty-two week high of $47.30.

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.