Fidelity Total Bond ETF $FBND is Regimen Wealth LLC’s 4th Largest Position

Regimen Wealth LLC increased its position in Fidelity Total Bond ETF (NYSEARCA:FBND) by 14.1% in the first quarter, according to its most recent 13F filing with the SEC. The firm owned 575,558 shares of the company’s stock after purchasing an additional 71,051 shares during the period. Fidelity Total Bond ETF comprises about 7.7% of Regimen Wealth LLC’s investment portfolio, making the stock its 4th biggest holding. Regimen Wealth LLC owned 0.10% of Fidelity Total Bond ETF worth $26,257,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in FBND. Morgan Stanley lifted its holdings in shares of Fidelity Total Bond ETF by 16.2% in the fourth quarter. Morgan Stanley now owns 34,716,320 shares of the company’s stock valued at $1,598,339,000 after purchasing an additional 4,830,198 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in shares of Fidelity Total Bond ETF by 3.9% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 89,517,143 shares of the company’s stock worth $4,139,273,000 after buying an additional 3,390,440 shares during the period. Align Financial LLC purchased a new position in shares of Fidelity Total Bond ETF during the fourth quarter valued at $141,726,000. JPMorgan Chase & Co. grew its holdings in shares of Fidelity Total Bond ETF by 25.8% during the fourth quarter. JPMorgan Chase & Co. now owns 11,574,323 shares of the company’s stock valued at $532,882,000 after buying an additional 2,374,913 shares in the last quarter. Finally, Dynasty Wealth Management LLC raised its position in Fidelity Total Bond ETF by 30.0% during the fourth quarter. Dynasty Wealth Management LLC now owns 8,650,398 shares of the company’s stock valued at $398,264,000 after buying an additional 1,993,799 shares during the period.

Fidelity Total Bond ETF Trading Up 0.1%

Shares of Fidelity Total Bond ETF stock opened at $45.29 on Friday. The stock has a 50-day moving average price of $45.44 and a 200 day moving average price of $45.83. The company has a market cap of $27.13 billion, a P/E ratio of 8.94 and a beta of 0.27. Fidelity Total Bond ETF has a 1 year low of $44.82 and a 1 year high of $46.86.

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.