Strive Financial Group LLC Invests $606,000 in Fidelity Total Bond ETF $FBND

Strive Financial Group LLC bought a new stake in Fidelity Total Bond ETF (NYSEARCA:FBND) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 13,331 shares of the company’s stock, valued at approximately $606,000.

A number of other hedge funds also recently bought and sold shares of FBND. Sensenig Capital Advisors Inc lifted its position in Fidelity Total Bond ETF by 7.3% during the second quarter. Sensenig Capital Advisors Inc now owns 6,266 shares of the company’s stock valued at $285,000 after purchasing an additional 428 shares during the last quarter. Jeter Robert S II increased its holdings in shares of Fidelity Total Bond ETF by 2.1% in the 2nd quarter. Jeter Robert S II now owns 141,085 shares of the company’s stock worth $6,384,000 after buying an additional 2,837 shares during the last quarter. Elevation Wealth Management LLC increased its holdings in shares of Fidelity Total Bond ETF by 2.7% in the 2nd quarter. Elevation Wealth Management LLC now owns 13,420 shares of the company’s stock worth $613,000 after buying an additional 348 shares during the last quarter. Plan A Wealth LLC raised its position in shares of Fidelity Total Bond ETF by 53.8% during the 2nd quarter. Plan A Wealth LLC now owns 25,391 shares of the company’s stock valued at $1,155,000 after buying an additional 8,883 shares in the last quarter. Finally, Mann Financial Group Inc. purchased a new stake in shares of Fidelity Total Bond ETF during the 2nd quarter valued at about $234,000.

Fidelity Total Bond ETF Stock Performance

Shares of NYSEARCA:FBND opened at $44.71 on Friday. The company has a market cap of $27.09 billion, a price-to-earnings ratio of 8.94 and a beta of 0.27. Fidelity Total Bond ETF has a 12 month low of $44.59 and a 12 month high of $46.86. The company has a 50-day moving average price of $45.06 and a 200 day moving average price of $45.53.

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.