Marble Wealth LLC Takes $2.08 Million Position in Fidelity Total Bond ETF $FBND

Marble Wealth LLC purchased a new stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 45,103 shares of the company’s stock, valued at approximately $2,077,000.

Other large investors have also made changes to their positions in the company. Root Financial Partners LLC acquired a new stake in shares of Fidelity Total Bond ETF during the fourth quarter valued at approximately $25,000. Rialto Wealth Management LLC acquired a new position in Fidelity Total Bond ETF in the 4th quarter valued at approximately $32,000. Clearstead Advisors LLC purchased a new stake in Fidelity Total Bond ETF in the 3rd quarter worth approximately $36,000. Tucker Asset Management LLC purchased a new stake in Fidelity Total Bond ETF in the 4th quarter worth approximately $37,000. Finally, Fifth Third Bancorp lifted its position in Fidelity Total Bond ETF by 78.0% in the 3rd quarter. Fifth Third Bancorp now owns 1,068 shares of the company’s stock worth $49,000 after buying an additional 468 shares in the last quarter.

Fidelity Total Bond ETF Stock Up 0.1%

FBND stock opened at $45.53 on Wednesday. Fidelity Total Bond ETF has a 12-month low of $44.82 and a 12-month high of $46.86. The company has a market cap of $25.51 billion, a price-to-earnings ratio of 8.94 and a beta of 0.28. The company has a 50 day moving average of $45.64 and a two-hundred day moving average of $46.04.

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.