Shakespeare Wealth Management LLC Grows Stock Holdings in Fidelity Total Bond ETF $FBND

Shakespeare Wealth Management LLC raised its position in Fidelity Total Bond ETF (NYSEARCA:FBND) by 5.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 767,474 shares of the company’s stock after buying an additional 37,181 shares during the quarter. Fidelity Total Bond ETF comprises about 7.8% of Shakespeare Wealth Management LLC’s portfolio, making the stock its 4th largest position. Shakespeare Wealth Management LLC owned about 0.15% of Fidelity Total Bond ETF worth $35,335,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Cerity Partners LLC boosted its holdings in shares of Fidelity Total Bond ETF by 400.5% during the 2nd quarter. Cerity Partners LLC now owns 40,079 shares of the company’s stock valued at $1,834,000 after acquiring an additional 32,071 shares in the last quarter. Betterment LLC boosted its holdings in shares of Fidelity Total Bond ETF by 2.7% during the 2nd quarter. Betterment LLC now owns 97,501 shares of the company’s stock valued at $4,461,000 after acquiring an additional 2,597 shares in the last quarter. Darwin Wealth Management LLC acquired a new stake in shares of Fidelity Total Bond ETF during the 2nd quarter valued at $49,000. Graney & King LLC boosted its holdings in shares of Fidelity Total Bond ETF by 7.3% during the 2nd quarter. Graney & King LLC now owns 50,169 shares of the company’s stock valued at $2,295,000 after acquiring an additional 3,402 shares in the last quarter. Finally, Ameriprise Financial Inc. boosted its holdings in shares of Fidelity Total Bond ETF by 40.9% during the 2nd quarter. Ameriprise Financial Inc. now owns 6,626 shares of the company’s stock valued at $303,000 after acquiring an additional 1,924 shares in the last quarter.

Fidelity Total Bond ETF Stock Up 0.6%

NYSEARCA FBND opened at $45.30 on Thursday. Fidelity Total Bond ETF has a twelve month low of $44.73 and a twelve month high of $46.86. The company has a market cap of $25.38 billion, a price-to-earnings ratio of 8.94 and a beta of 0.28. The business’s fifty day moving average is $45.71 and its 200 day moving average is $46.09.

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.