Envestnet Portfolio Solutions Inc. Grows Stock Holdings in Fidelity Total Bond ETF $FBND

Envestnet Portfolio Solutions Inc. increased its position in Fidelity Total Bond ETF (NYSEARCA:FBNDFree Report) by 8.6% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 230,059 shares of the company’s stock after buying an additional 18,221 shares during the period. Envestnet Portfolio Solutions Inc.’s holdings in Fidelity Total Bond ETF were worth $10,638,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Fifth Third Bancorp bought a new position in shares of Fidelity Total Bond ETF in the second quarter worth about $27,000. Caldwell Trust Co bought a new stake in Fidelity Total Bond ETF during the 2nd quarter valued at approximately $34,000. Maryland Capital Advisors Inc. lifted its holdings in Fidelity Total Bond ETF by 378.5% in the 3rd quarter. Maryland Capital Advisors Inc. now owns 823 shares of the company’s stock worth $38,000 after purchasing an additional 651 shares in the last quarter. Brown Lisle Cummings Inc. bought a new position in Fidelity Total Bond ETF in the 2nd quarter worth approximately $38,000. Finally, Darwin Wealth Management LLC purchased a new stake in Fidelity Total Bond ETF during the 2nd quarter valued at approximately $49,000.

Fidelity Total Bond ETF Price Performance

Fidelity Total Bond ETF stock opened at $46.16 on Friday. Fidelity Total Bond ETF has a 1 year low of $44.30 and a 1 year high of $46.86. The firm’s 50 day moving average price is $46.26 and its 200-day moving average price is $46.17. The stock has a market cap of $23.84 billion, a P/E ratio of 8.94 and a beta of 0.28.

About Fidelity Total Bond ETF

(Free Report)

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.

Featured Articles

Want to see what other hedge funds are holding FBND? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Fidelity Total Bond ETF (NYSEARCA:FBNDFree Report).

Institutional Ownership by Quarter for Fidelity Total Bond ETF (NYSEARCA:FBND)

Receive News & Ratings for Fidelity Total Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fidelity Total Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.