Eley Financial Management Inc acquired a new stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBND – Free Report) during the fourth quarter, HoldingsChannel reports. The fund acquired 48,177 shares of the company’s stock, valued at approximately $2,162,000.
Other large investors have also added to or reduced their stakes in the company. PNC Financial Services Group Inc. purchased a new stake in Fidelity Total Bond ETF during the fourth quarter valued at $25,000. Lindbrook Capital LLC bought a new stake in shares of Fidelity Total Bond ETF during the 4th quarter valued at about $32,000. Tucker Asset Management LLC purchased a new stake in shares of Fidelity Total Bond ETF during the 4th quarter valued at about $36,000. Brown Brothers Harriman & Co. bought a new position in shares of Fidelity Total Bond ETF in the 4th quarter worth approximately $59,000. Finally, Rothschild Investment LLC purchased a new position in shares of Fidelity Total Bond ETF in the fourth quarter worth approximately $63,000.
Fidelity Total Bond ETF Trading Down 0.9 %
Shares of NYSEARCA FBND opened at $44.78 on Friday. Fidelity Total Bond ETF has a 12-month low of $44.01 and a 12-month high of $47.30. The firm has a market capitalization of $18.31 billion, a price-to-earnings ratio of 9.09 and a beta of 0.27. The firm has a 50 day moving average of $45.48 and a 200 day moving average of $45.51.
Fidelity Total Bond ETF Cuts Dividend
Fidelity Total Bond ETF Company 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.
See Also
- Five stocks we like better than Fidelity Total Bond ETF
- What Are Treasury Bonds?
- Marvell Gets Tariff Lifeline But Expect More Volatility
- Investing in Construction Stocks
- Greenbrier: Don’t Buy It For Revenue Growth—Buy It For Margin
- Special Purpose Acquisition Company (SPAC) What You Need to Know
- XPeng Deliveries Surge 3X in China, Should Tesla Be Worried?
Want to see what other hedge funds are holding FBND? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Fidelity Total Bond ETF (NYSEARCA:FBND – Free Report).
Receive News & Ratings for Fidelity Total Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fidelity Total Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.
