Thrivent Financial for Lutherans Buys 207,111 Shares of Fidelity Total Bond ETF $FBND

Thrivent Financial for Lutherans increased its stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 6.9% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 3,196,841 shares of the company’s stock after purchasing an additional 207,111 shares during the quarter. Thrivent Financial for Lutherans owned 0.61% of Fidelity Total Bond ETF worth $147,251,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Rialto Wealth Management LLC bought a new position in shares of Fidelity Total Bond ETF during the 4th quarter valued at approximately $32,000. Clearstead Advisors LLC bought a new position in shares of Fidelity Total Bond ETF during the 3rd quarter valued at approximately $36,000. First Command Advisory Services Inc. bought a new position in shares of Fidelity Total Bond ETF during the 3rd quarter valued at approximately $47,000. Fifth Third Bancorp increased its position in shares of Fidelity Total Bond ETF by 78.0% during the 3rd quarter. Fifth Third Bancorp now owns 1,068 shares of the company’s stock valued at $49,000 after purchasing an additional 468 shares during the last quarter. Finally, Key Capital Management INC bought a new position in shares of Fidelity Total Bond ETF during the 4th quarter valued at approximately $49,000.

Fidelity Total Bond ETF Stock Down 0.0%

FBND opened at $45.50 on Friday. The business has a fifty day moving average of $45.80 and a 200 day moving average of $46.13. Fidelity Total Bond ETF has a 52-week low of $44.73 and a 52-week high of $46.86. The stock has a market cap of $25.49 billion, a P/E ratio of 8.94 and a beta of 0.28.

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.