14,443 Shares in Fidelity Total Bond ETF $FBND Purchased by Traveka Wealth LLC

Traveka Wealth LLC bought a new stake in Fidelity Total Bond ETF (NYSEARCA:FBND) during the third quarter, HoldingsChannel reports. The institutional investor bought 14,443 shares of the company’s stock, valued at approximately $668,000.

Other large investors also recently modified their holdings of the company. Trademark Financial Management LLC purchased a new position in Fidelity Total Bond ETF in the third quarter valued at approximately $334,000. Regatta Capital Group LLC increased its position in Fidelity Total Bond ETF by 13.1% in the third quarter. Regatta Capital Group LLC now owns 13,845 shares of the company’s stock worth $640,000 after buying an additional 1,604 shares during the last quarter. Permanent Capital Management LP bought a new stake in shares of Fidelity Total Bond ETF in the third quarter valued at $369,000. Sard Wealth Management Group LLC lifted its position in shares of Fidelity Total Bond ETF by 5.4% during the 3rd quarter. Sard Wealth Management Group LLC now owns 537,152 shares of the company’s stock valued at $24,838,000 after buying an additional 27,603 shares during the last quarter. Finally, Maryland Capital Advisors Inc. grew its stake in shares of Fidelity Total Bond ETF by 378.5% during the 3rd quarter. Maryland Capital Advisors Inc. now owns 823 shares of the company’s stock worth $38,000 after acquiring an additional 651 shares during the period.

Fidelity Total Bond ETF Stock Performance

Shares of FBND opened at $46.39 on Monday. Fidelity Total Bond ETF has a fifty-two week low of $44.30 and a fifty-two week high of $46.86. The business has a 50-day moving average of $46.41 and a 200 day moving average of $46.10. The firm has a market cap of $22.17 billion, a P/E ratio of 8.94 and a beta of 0.28.

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.