Fidelity Total Bond ETF (NYSEARCA:FBND) Holdings Raised by One Plus One Wealth Management LLC

One Plus One Wealth Management LLC grew its stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 4.0% in the 4th quarter, HoldingsChannel reports. The firm owned 18,340 shares of the company’s stock after acquiring an additional 704 shares during the quarter. One Plus One Wealth Management LLC’s holdings in Fidelity Total Bond ETF were worth $823,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Mark Sheptoff Financial Planning LLC purchased a new stake in shares of Fidelity Total Bond ETF during the third quarter valued at $25,000. Northwest Investment Counselors LLC acquired a new position in Fidelity Total Bond ETF during the third quarter valued at $30,000. Highline Wealth Partners LLC acquired a new position in Fidelity Total Bond ETF during the third quarter valued at $47,000. Darwin Wealth Management LLC acquired a new position in Fidelity Total Bond ETF in the 3rd quarter worth about $54,000. Finally, Wilmington Savings Fund Society FSB acquired a new position in Fidelity Total Bond ETF in the 3rd quarter worth about $87,000.

Fidelity Total Bond ETF Price Performance

Shares of FBND stock opened at $44.90 on Thursday. Fidelity Total Bond ETF has a fifty-two week low of $44.01 and a fifty-two week high of $47.30. The stock’s 50-day moving average is $45.14 and its two-hundred day moving average is $45.82. The firm has a market cap of $8.96 billion, a P/E ratio of 8.85 and a beta of 0.19.

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.