Box Hill Private Wealth LLC Makes New Investment in Fidelity Total Bond ETF $FBND

Box Hill Private Wealth LLC bought a new position in Fidelity Total Bond ETF (NYSEARCA:FBNDFree Report) in the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 22,290 shares of the company’s stock, valued at approximately $1,026,000. Fidelity Total Bond ETF accounts for 1.0% of Box Hill Private Wealth LLC’s holdings, making the stock its 27th biggest holding.

Several other hedge funds have also made changes to their positions in FBND. Rialto Wealth Management LLC purchased a new stake in shares of Fidelity Total Bond ETF in the 4th quarter worth $32,000. Clearstead Advisors LLC purchased a new position in shares of Fidelity Total Bond ETF in the 3rd quarter valued at $36,000. Tucker Asset Management LLC purchased a new position in shares of Fidelity Total Bond ETF in the 4th quarter valued at $37,000. First Command Advisory Services Inc. purchased a new position in shares of Fidelity Total Bond ETF in the 3rd quarter valued at $47,000. Finally, Fifth Third Bancorp increased its holdings in shares of Fidelity Total Bond ETF by 78.0% in the 3rd quarter. Fifth Third Bancorp now owns 1,068 shares of the company’s stock valued at $49,000 after acquiring an additional 468 shares during the period.

Fidelity Total Bond ETF Stock Performance

Shares of NYSEARCA:FBND opened at $45.40 on Tuesday. Fidelity Total Bond ETF has a 12-month low of $44.82 and a 12-month high of $46.86. The business’s fifty day simple moving average is $45.68 and its 200-day simple moving average is $46.07. The company has a market capitalization of $25.44 billion, a PE ratio of 8.94 and a beta of 0.28.

Fidelity Total Bond ETF Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Fidelity Total Bond ETF (NYSEARCA:FBND)

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