Fidelity Total Bond ETF $FBND is LongView Wealth Management’s 7th Largest Position

LongView Wealth Management increased its stake in Fidelity Total Bond ETF (NYSEARCA:FBND) by 13.1% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 206,666 shares of the company’s stock after acquiring an additional 24,000 shares during the period. Fidelity Total Bond ETF comprises about 2.6% of LongView Wealth Management’s holdings, making the stock its 7th largest holding. LongView Wealth Management’s holdings in Fidelity Total Bond ETF were worth $9,556,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Fifth Third Bancorp bought a new position in shares of Fidelity Total Bond ETF in the second quarter worth approximately $27,000. Caldwell Trust Co purchased a new stake in Fidelity Total Bond ETF during the 2nd quarter valued at $34,000. Brown Lisle Cummings Inc. purchased a new stake in Fidelity Total Bond ETF during the 2nd quarter valued at $38,000. Darwin Wealth Management LLC bought a new stake in Fidelity Total Bond ETF in the 2nd quarter worth $49,000. Finally, Clarity Asset Management Inc. increased its position in shares of Fidelity Total Bond ETF by 285.3% in the first quarter. Clarity Asset Management Inc. now owns 1,364 shares of the company’s stock valued at $62,000 after acquiring an additional 1,010 shares during the period.

Fidelity Total Bond ETF Trading Down 0.2%

Fidelity Total Bond ETF stock opened at $46.29 on Monday. The firm has a market cap of $22.12 billion, a P/E ratio of 8.94 and a beta of 0.28. Fidelity Total Bond ETF has a 1-year low of $44.30 and a 1-year high of $46.86. The firm has a 50-day moving average of $46.43 and a 200-day moving average of $46.06.

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.