Fidelity Total Bond ETF $FBND Stock Acquired by Ullmann Wealth Partners Group LLC

Ullmann Wealth Partners Group LLC lifted its holdings in Fidelity Total Bond ETF (NYSEARCA:FBND) by 25.2% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,856,413 shares of the company’s stock after buying an additional 373,590 shares during the quarter. Fidelity Total Bond ETF accounts for 7.2% of Ullmann Wealth Partners Group LLC’s portfolio, making the stock its 4th biggest holding. Ullmann Wealth Partners Group LLC’s holdings in Fidelity Total Bond ETF were worth $80,383,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Community Financial Services Group LLC purchased a new position in Fidelity Total Bond ETF in the second quarter worth $32,000. Maryland Capital Advisors Inc. purchased a new stake in shares of Fidelity Total Bond ETF during the 2nd quarter worth $37,000. Manning & Napier Advisors LLC acquired a new position in shares of Fidelity Total Bond ETF during the 1st quarter worth $53,000. Mosley Wealth Management acquired a new position in shares of Fidelity Total Bond ETF during the 3rd quarter worth $64,000. Finally, Archer Investment Corp increased its holdings in shares of Fidelity Total Bond ETF by 17.2% in the 1st quarter. Archer Investment Corp now owns 2,216 shares of the company’s stock valued at $101,000 after purchasing an additional 325 shares in the last quarter.

Fidelity Total Bond ETF Stock Up 0.2%

Shares of FBND opened at $44.38 on Friday. Fidelity Total Bond ETF has a 52-week low of $43.11 and a 52-week high of $46.78. The company has a 50-day simple moving average of $44.02 and a 200-day simple moving average of $45.23. The company has a market capitalization of $28.61 billion, a PE ratio of 8.94 and a beta of 0.28.

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.