Huntington National Bank Increases Holdings in Fidelity Total Bond ETF $FBND

Huntington National Bank grew its holdings in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 10.3% during the 4th quarter, Holdings Channel reports. The institutional investor owned 976,545 shares of the company’s stock after acquiring an additional 91,505 shares during the quarter. Huntington National Bank’s holdings in Fidelity Total Bond ETF were worth $44,960,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in the business. Barry Investment Advisors LLC raised its position in shares of Fidelity Total Bond ETF by 10.1% during the 4th quarter. Barry Investment Advisors LLC now owns 104,530 shares of the company’s stock valued at $4,840,000 after buying an additional 9,629 shares in the last quarter. Eaton Financial Holdings Company LLC raised its position in shares of Fidelity Total Bond ETF by 10.6% during the 4th quarter. Eaton Financial Holdings Company LLC now owns 141,119 shares of the company’s stock valued at $6,497,000 after buying an additional 13,554 shares in the last quarter. Steel Grove Capital Advisors LLC purchased a new stake in shares of Fidelity Total Bond ETF during the 4th quarter valued at about $1,243,000. Goodwin Investment Advisory raised its position in shares of Fidelity Total Bond ETF by 13.8% during the 4th quarter. Goodwin Investment Advisory now owns 281,767 shares of the company’s stock valued at $12,973,000 after buying an additional 34,101 shares in the last quarter. Finally, Integrity Alliance LLC. purchased a new stake in shares of Fidelity Total Bond ETF during the 4th quarter valued at about $643,000.

Fidelity Total Bond ETF Trading Up 0.0%

Shares of NYSEARCA FBND opened at $45.57 on Thursday. The firm’s 50-day moving average price is $45.67 and its 200-day moving average price is $46.06. The stock has a market capitalization of $25.53 billion, a price-to-earnings ratio of 8.94 and a beta of 0.28. Fidelity Total Bond ETF has a 12-month low of $44.82 and a 12-month high of $46.86.

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.