Fidelity Total Bond ETF $FBND Shares Bought by Truist Financial Corp

Truist Financial Corp raised its holdings in Fidelity Total Bond ETF (NYSEARCA:FBND) by 9.7% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 234,826 shares of the company’s stock after acquiring an additional 20,716 shares during the period. Truist Financial Corp’s holdings in Fidelity Total Bond ETF were worth $10,811,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of FBND. Northwestern Mutual Wealth Management Co. raised its holdings in Fidelity Total Bond ETF by 3.9% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 89,517,143 shares of the company’s stock valued at $4,139,273,000 after acquiring an additional 3,390,440 shares during the last quarter. Quotient Wealth Partners LLC raised its holdings in Fidelity Total Bond ETF by 39.8% in the 4th quarter. Quotient Wealth Partners LLC now owns 4,892,228 shares of the company’s stock valued at $225,238,000 after acquiring an additional 1,393,081 shares during the last quarter. Thrivent Financial for Lutherans raised its holdings in Fidelity Total Bond ETF by 37.6% in the 3rd quarter. Thrivent Financial for Lutherans now owns 2,989,730 shares of the company’s stock valued at $138,245,000 after acquiring an additional 816,419 shares during the last quarter. Dynasty Wealth Management LLC raised its holdings in Fidelity Total Bond ETF by 13.4% in the 3rd quarter. Dynasty Wealth Management LLC now owns 6,656,599 shares of the company’s stock valued at $307,801,000 after acquiring an additional 786,693 shares during the last quarter. Finally, Modern Wealth Management LLC raised its holdings in Fidelity Total Bond ETF by 54.3% in the 3rd quarter. Modern Wealth Management LLC now owns 2,170,408 shares of the company’s stock valued at $100,360,000 after acquiring an additional 764,134 shares during the last quarter.

Fidelity Total Bond ETF Trading Up 0.2%

Fidelity Total Bond ETF stock opened at $45.75 on Friday. Fidelity Total Bond ETF has a 12-month low of $44.73 and a 12-month high of $46.86. The stock has a market cap of $25.63 billion, a P/E ratio of 8.94 and a beta of 0.28. The company has a 50-day moving average price of $45.89 and a 200 day moving average price of $46.17.

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.