283,821 Shares in Fidelity Total Bond ETF $FBND Acquired by S Harris Financial Group LLC

S Harris Financial Group LLC bought a new stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 283,821 shares of the company’s stock, valued at approximately $13,067,000. Fidelity Total Bond ETF comprises 12.4% of S Harris Financial Group LLC’s holdings, making the stock its largest holding. S Harris Financial Group LLC owned about 0.05% of Fidelity Total Bond ETF as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of FBND. Financial Management Network Inc. increased its position in Fidelity Total Bond ETF by 20.3% during the fourth quarter. Financial Management Network Inc. now owns 123,217 shares of the company’s stock valued at $5,673,000 after acquiring an additional 20,803 shares during the last quarter. Sunburst Financial Group LLC lifted its holdings in shares of Fidelity Total Bond ETF by 2.6% in the 4th quarter. Sunburst Financial Group LLC now owns 1,110,436 shares of the company’s stock worth $51,124,000 after acquiring an additional 28,089 shares during the last quarter. Coyle Financial Counsel LLC lifted its holdings in shares of Fidelity Total Bond ETF by 21.8% in the 3rd quarter. Coyle Financial Counsel LLC now owns 735,709 shares of the company’s stock worth $34,019,000 after acquiring an additional 131,713 shares during the last quarter. Genesis Private Wealth LLC boosted its stake in shares of Fidelity Total Bond ETF by 9.0% during the 4th quarter. Genesis Private Wealth LLC now owns 315,452 shares of the company’s stock worth $14,523,000 after purchasing an additional 26,093 shares during the period. Finally, OLIO Financial Planning boosted its stake in shares of Fidelity Total Bond ETF by 5.8% during the 4th quarter. OLIO Financial Planning now owns 975,741 shares of the company’s stock worth $44,923,000 after purchasing an additional 53,318 shares during the period.

Fidelity Total Bond ETF Stock Performance

FBND opened at $45.61 on Friday. The stock has a market cap of $25.56 billion, a price-to-earnings ratio of 8.94 and a beta of 0.27. The stock’s 50 day moving average price is $45.60 and its 200-day moving average price is $45.95. Fidelity Total Bond ETF has a one year low of $44.82 and a one year high of $46.86.

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.