Fidelity Total Bond ETF $FBND Shares Acquired by Uptick Partners LLC

Uptick Partners LLC lifted its stake in Fidelity Total Bond ETF (NYSEARCA:FBND) by 27.8% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 85,039 shares of the company’s stock after buying an additional 18,501 shares during the period. Fidelity Total Bond ETF makes up 0.8% of Uptick Partners LLC’s investment portfolio, making the stock its 27th largest holding. Uptick Partners LLC’s holdings in Fidelity Total Bond ETF were worth $3,880,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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

Fidelity Total Bond ETF Stock Performance

Shares of FBND opened at $45.25 on Monday. The firm has a market cap of $26.88 billion, a PE ratio of 8.94 and a beta of 0.27. The company’s 50 day simple moving average is $45.48 and its 200-day simple moving average is $45.86. Fidelity Total Bond ETF has a 12-month low of $44.82 and a 12-month high of $46.86.

About Fidelity Total Bond ETF

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.