Golden State Wealth Management LLC Acquires 17,815 Shares of Fidelity Total Bond ETF $FBND

Golden State Wealth Management LLC boosted its stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 36.9% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 66,057 shares of the company’s stock after acquiring an additional 17,815 shares during the quarter. Golden State Wealth Management LLC’s holdings in Fidelity Total Bond ETF were worth $3,022,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Fifth Third Bancorp acquired a new stake in shares of Fidelity Total Bond ETF in the 2nd quarter valued at approximately $27,000. Brown Lisle Cummings Inc. acquired a new stake in Fidelity Total Bond ETF during the 2nd quarter worth approximately $38,000. Iron Horse Wealth Management LLC acquired a new stake in shares of Fidelity Total Bond ETF in the first quarter valued at approximately $60,000. Clarity Asset Management Inc. raised its holdings in shares of Fidelity Total Bond ETF by 285.3% in the first quarter. Clarity Asset Management Inc. now owns 1,364 shares of the company’s stock valued at $62,000 after purchasing an additional 1,010 shares during the last quarter. Finally, Bogart Wealth LLC raised its holdings in shares of Fidelity Total Bond ETF by 23.3% in the first quarter. Bogart Wealth LLC now owns 1,574 shares of the company’s stock valued at $72,000 after purchasing an additional 297 shares during the last quarter.

Fidelity Total Bond ETF Stock Down 0.3%

NYSEARCA FBND opened at $46.20 on Thursday. Fidelity Total Bond ETF has a 12-month low of $44.30 and a 12-month high of $46.86. The company has a market capitalization of $22.07 billion, a PE ratio of 8.94 and a beta of 0.28. The firm’s 50 day moving average is $46.41 and its 200-day moving average is $45.79.

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.