Ritholtz Wealth Management increased its stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBND – Free Report) by 3.9% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,005,798 shares of the company’s stock after buying an additional 150,495 shares during the quarter. Fidelity Total Bond ETF comprises approximately 3.2% of Ritholtz Wealth Management’s holdings, making the stock its 4th largest position. Ritholtz Wealth Management owned 0.72% of Fidelity Total Bond ETF worth $182,745,000 at the end of the most recent reporting period.
Other large investors have also recently added to or reduced their stakes in the company. Dupree Financial Group LLC boosted its holdings in shares of Fidelity Total Bond ETF by 1.6% during the fourth quarter. Dupree Financial Group LLC now owns 14,135 shares of the company’s stock valued at $651,000 after acquiring an additional 219 shares during the period. Quadrant Capital Group LLC increased its holdings in shares of Fidelity Total Bond ETF by 0.6% in the 3rd quarter. Quadrant Capital Group LLC now owns 38,010 shares of the company’s stock worth $1,758,000 after acquiring an additional 220 shares during the period. RWA Wealth Partners LLC lifted its position in Fidelity Total Bond ETF by 2.6% in the 3rd quarter. RWA Wealth Partners LLC now owns 9,628 shares of the company’s stock valued at $445,000 after purchasing an additional 241 shares during the last quarter. Investment Advisory Group LLC lifted its position in Fidelity Total Bond ETF by 0.4% in the 4th quarter. Investment Advisory Group LLC now owns 71,185 shares of the company’s stock valued at $3,277,000 after purchasing an additional 303 shares during the last quarter. Finally, Keystone Financial Group lifted its position in Fidelity Total Bond ETF by 3.1% in the 3rd quarter. Keystone Financial Group now owns 10,317 shares of the company’s stock valued at $477,000 after purchasing an additional 315 shares during the last quarter.
Fidelity Total Bond ETF Stock Up 0.5%
Fidelity Total Bond ETF stock opened at $45.76 on Thursday. Fidelity Total Bond ETF has a 52-week low of $44.82 and a 52-week high of $46.86. The firm has a market capitalization of $25.64 billion, a price-to-earnings ratio of 8.94 and a beta of 0.27. The firm has a 50-day moving average price of $45.59 and a two-hundred day moving average price of $45.93.
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.
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