Fidelity Total Bond ETF $FBND Shares Purchased by Hunter Associates Investment Management LLC

Hunter Associates Investment Management LLC raised its position in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 9.7% in the first quarter, HoldingsChannel.com reports. The firm owned 620,232 shares of the company’s stock after buying an additional 54,953 shares during the period. Fidelity Total Bond ETF comprises about 3.7% of Hunter Associates Investment Management LLC’s investment portfolio, making the stock its 4th biggest holding. Hunter Associates Investment Management LLC’s holdings in Fidelity Total Bond ETF were worth $28,315,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Financial Management Network Inc. raised its position in Fidelity Total Bond ETF by 20.3% in the fourth quarter. Financial Management Network Inc. now owns 123,217 shares of the company’s stock worth $5,673,000 after acquiring an additional 20,803 shares in the last quarter. Sunburst Financial Group LLC boosted its position in shares of Fidelity Total Bond ETF by 2.6% during the 4th quarter. Sunburst Financial Group LLC now owns 1,110,436 shares of the company’s stock valued at $51,124,000 after purchasing an additional 28,089 shares in the last quarter. Genesis Private Wealth LLC grew its stake in shares of Fidelity Total Bond ETF by 9.0% in the 4th quarter. Genesis Private Wealth LLC now owns 315,452 shares of the company’s stock worth $14,523,000 after purchasing an additional 26,093 shares during the last quarter. OLIO Financial Planning grew its stake in shares of Fidelity Total Bond ETF by 5.8% in the 4th quarter. OLIO Financial Planning now owns 975,741 shares of the company’s stock worth $44,923,000 after purchasing an additional 53,318 shares during the last quarter. Finally, Capital Wealth Management LLC raised its holdings in shares of Fidelity Total Bond ETF by 9.3% in the 1st quarter. Capital Wealth Management LLC now owns 625,513 shares of the company’s stock worth $28,536,000 after purchasing an additional 53,398 shares in the last quarter.

Fidelity Total Bond ETF Price Performance

NYSEARCA FBND opened at $45.47 on Friday. 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 capitalization of $26.64 billion, a P/E ratio of 8.94 and a beta of 0.27. The company’s 50 day simple moving average is $45.53 and its 200 day simple moving average is $45.90.

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.