Lebenthal Global Advisors LLC Acquires 219,841 Shares of Fidelity Total Bond ETF $FBND

Lebenthal Global Advisors LLC grew its holdings in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 72.0% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 525,237 shares of the company’s stock after purchasing an additional 219,841 shares during the period. Fidelity Total Bond ETF makes up approximately 3.0% of Lebenthal Global Advisors LLC’s holdings, making the stock its 8th largest position. Lebenthal Global Advisors LLC owned approximately 0.08% of Fidelity Total Bond ETF worth $22,743,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Parcion Private Wealth LLC raised its stake in Fidelity Total Bond ETF by 5.1% during the third quarter. Parcion Private Wealth LLC now owns 177,812 shares of the company’s stock valued at $7,699,000 after buying an additional 8,612 shares during the last quarter. Partners Wealth Management LLC bought a new position in shares of Fidelity Total Bond ETF in the third quarter worth approximately $932,000. Founders Financial Securities LLC lifted its stake in shares of Fidelity Total Bond ETF by 6.2% in the third quarter. Founders Financial Securities LLC now owns 778,543 shares of the company’s stock worth $33,711,000 after buying an additional 45,187 shares in the last quarter. Interchange Capital Partners LLC lifted its stake in shares of Fidelity Total Bond ETF by 1.7% in the third quarter. Interchange Capital Partners LLC now owns 48,894 shares of the company’s stock worth $2,117,000 after buying an additional 834 shares in the last quarter. Finally, Dynamic Financial Group purchased a new stake in shares of Fidelity Total Bond ETF during the third quarter valued at approximately $239,000.

Fidelity Total Bond ETF Stock Up 0.3%

Shares of FBND opened at $44.16 on Friday. The company has a market capitalization of $28.47 billion, a P/E ratio of 8.94 and a beta of 0.28. The firm has a 50 day moving average of $44.09 and a 200 day moving average of $45.27. Fidelity Total Bond ETF has a twelve month low of $43.11 and a twelve month high of $46.78.

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.