Fidelity Total Bond ETF $FBND Stock Acquired by Vise Technologies Inc.

Vise Technologies Inc. lifted its position in Fidelity Total Bond ETF (NYSEARCA:FBND) by 128.5% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 347,182 shares of the company’s stock after buying an additional 195,216 shares during the quarter. Vise Technologies Inc.’s holdings in Fidelity Total Bond ETF were worth $15,033,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Bank of America Corp DE raised its position in Fidelity Total Bond ETF by 6.3% during the first quarter. Bank of America Corp DE now owns 14,706,838 shares of the company’s stock valued at $670,926,000 after acquiring an additional 871,672 shares in the last quarter. Envestnet Asset Management Inc. grew its position in Fidelity Total Bond ETF by 7.9% in the second quarter. Envestnet Asset Management Inc. now owns 8,059,617 shares of the company’s stock worth $366,632,000 after acquiring an additional 587,351 shares in the last quarter. Cetera Investment Advisers grew its position in Fidelity Total Bond ETF by 15.9% in the first quarter. Cetera Investment Advisers now owns 6,801,133 shares of the company’s stock worth $310,268,000 after acquiring an additional 930,834 shares in the last quarter. Sax Wealth Advisors LLC grew its position in Fidelity Total Bond ETF by 49.8% in the third quarter. Sax Wealth Advisors LLC now owns 6,727,943 shares of the company’s stock worth $291,320,000 after acquiring an additional 2,236,473 shares in the last quarter. Finally, Legacy Wealth Management LLC increased its stake in shares of Fidelity Total Bond ETF by 57.0% during the 2nd quarter. Legacy Wealth Management LLC now owns 5,495,432 shares of the company’s stock worth $249,987,000 after purchasing an additional 1,995,732 shares during the last quarter.

Fidelity Total Bond ETF Stock Performance

Fidelity Total Bond ETF stock opened at $44.16 on Monday. 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’s fifty day simple moving average is $44.09 and its 200-day simple moving average is $45.27. Fidelity Total Bond ETF has a 1-year low of $43.11 and a 1-year 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.