19,576 Fidelity Total Bond ETF $FBND Shares Bought by tru Independence LLC

tru Independence LLC increased its position in Fidelity Total Bond ETF (NYSEARCA:FBND) by 4.5% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 455,303 shares of the company’s stock after acquiring an additional 19,576 shares during the period. Fidelity Total Bond ETF makes up 8.4% of tru Independence LLC’s portfolio, making the stock its 3rd biggest position. tru Independence LLC owned approximately 0.07% of Fidelity Total Bond ETF worth $19,715,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the company. GHP Investment Advisors Inc. bought a new position in Fidelity Total Bond ETF in the 1st quarter worth about $25,000. Community Financial Services Group LLC acquired a new stake in shares of Fidelity Total Bond ETF in the second quarter valued at approximately $32,000. Maryland Capital Advisors Inc. bought a new stake in shares of Fidelity Total Bond ETF during the second quarter valued at approximately $37,000. Manning & Napier Advisors LLC bought a new stake in shares of Fidelity Total Bond ETF during the first quarter valued at approximately $53,000. Finally, Sound Income Strategies LLC raised its holdings in shares of Fidelity Total Bond ETF by 180.6% during the first quarter. Sound Income Strategies LLC now owns 1,316 shares of the company’s stock valued at $60,000 after buying an additional 847 shares during the last quarter.

Fidelity Total Bond ETF Trading Down 0.3%

Shares of NYSEARCA FBND opened at $43.68 on Tuesday. The stock has a 50 day simple moving average of $44.25 and a 200-day simple moving average of $45.03. The company has a market cap of $28.16 billion, a PE ratio of 8.94 and a beta of 0.28. Fidelity Total Bond ETF has a 12-month low of $43.11 and a 12-month high of $46.86.

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.