Fidelity Total Bond ETF $FBND is InTrack Investment Management Inc’s 6th Largest Position

InTrack Investment Management Inc lifted its position in Fidelity Total Bond ETF (NYSEARCA:FBND) by 22.4% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 128,435 shares of the company’s stock after purchasing an additional 23,538 shares during the quarter. Fidelity Total Bond ETF comprises approximately 2.9% of InTrack Investment Management Inc’s portfolio, making the stock its 6th largest holding. InTrack Investment Management Inc’s holdings in Fidelity Total Bond ETF were worth $5,843,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. Morgan Stanley boosted its stake in Fidelity Total Bond ETF by 16.2% during the fourth quarter. Morgan Stanley now owns 34,716,320 shares of the company’s stock valued at $1,598,339,000 after buying an additional 4,830,198 shares during the period. Northwestern Mutual Wealth Management Co. raised its holdings in shares of Fidelity Total Bond ETF by 3.9% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 89,517,143 shares of the company’s stock valued at $4,139,273,000 after acquiring an additional 3,390,440 shares in the last quarter. Align Financial LLC purchased a new stake in shares of Fidelity Total Bond ETF in the 4th quarter valued at about $141,726,000. JPMorgan Chase & Co. raised its holdings in shares of Fidelity Total Bond ETF by 25.8% in the 4th quarter. JPMorgan Chase & Co. now owns 11,574,323 shares of the company’s stock valued at $532,882,000 after acquiring an additional 2,374,913 shares in the last quarter. Finally, Legacy Wealth Management LLC boosted its position in shares of Fidelity Total Bond ETF by 57.0% during the 2nd quarter. Legacy Wealth Management LLC now owns 5,495,432 shares of the company’s stock valued at $249,987,000 after acquiring an additional 1,995,732 shares during the last quarter.

Fidelity Total Bond ETF Trading Up 0.1%

Shares of NYSEARCA FBND opened at $44.67 on Thursday. Fidelity Total Bond ETF has a 12 month low of $44.59 and a 12 month high of $46.86. The firm has a market capitalization of $27.06 billion, a price-to-earnings ratio of 8.94 and a beta of 0.27. The business has a 50-day moving average of $45.10 and a 200-day moving average of $45.55.

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.