Aspect Partners LLC Invests $139,000 in Fidelity Total Bond ETF (NYSEARCA:FBND)

Aspect Partners LLC purchased a new stake in Fidelity Total Bond ETF (NYSEARCA:FBND) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 3,096 shares of the company’s stock, valued at approximately $139,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Thrivent Financial for Lutherans increased its holdings in shares of Fidelity Total Bond ETF by 85.1% in the third quarter. Thrivent Financial for Lutherans now owns 2,159,030 shares of the company’s stock valued at $100,976,000 after purchasing an additional 992,739 shares during the period. Aptus Capital Advisors LLC purchased a new position in Fidelity Total Bond ETF in the 3rd quarter valued at $40,718,000. Valeo Financial Advisors LLC increased its stake in Fidelity Total Bond ETF by 322.9% in the 4th quarter. Valeo Financial Advisors LLC now owns 942,475 shares of the company’s stock valued at $42,289,000 after buying an additional 719,592 shares during the period. Sax Wealth Advisors LLC increased its stake in shares of Fidelity Total Bond ETF by 94.0% during the fourth quarter. Sax Wealth Advisors LLC now owns 1,394,635 shares of the company’s stock worth $62,577,000 after acquiring an additional 675,795 shares during the period. Finally, OLIO Financial Planning increased its position in Fidelity Total Bond ETF by 584.5% during the 4th quarter. OLIO Financial Planning now owns 765,888 shares of the company’s stock worth $34,365,000 after purchasing an additional 653,991 shares during the period.

Fidelity Total Bond ETF Stock Performance

NYSEARCA:FBND opened at $45.20 on Thursday. Fidelity Total Bond ETF has a 1 year low of $44.01 and a 1 year high of $47.30. The stock has a market capitalization of $9.02 billion, a price-to-earnings ratio of 8.85 and a beta of 0.19. The stock has a fifty day moving average price of $45.05 and a two-hundred day moving average price of $45.79.

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.