Regimen Wealth LLC grew its stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBND – Free Report) by 14.1% during the 1st quarter, HoldingsChannel reports. The fund owned 575,558 shares of the company’s stock after acquiring an additional 71,051 shares during the period. Fidelity Total Bond ETF accounts for 7.7% of Regimen Wealth LLC’s holdings, making the stock its 4th biggest position. Regimen Wealth LLC’s holdings in Fidelity Total Bond ETF were worth $26,257,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds have also modified their holdings of the stock. Root Financial Partners LLC purchased a new stake in shares of Fidelity Total Bond ETF during the fourth quarter worth $25,000. GHP Investment Advisors Inc. acquired a new position in Fidelity Total Bond ETF in the 1st quarter worth about $25,000. Rialto Wealth Management LLC purchased a new stake in shares of Fidelity Total Bond ETF during the 4th quarter worth about $32,000. Tucker Asset Management LLC acquired a new stake in shares of Fidelity Total Bond ETF during the 4th quarter valued at about $37,000. Finally, Key Capital Management INC acquired a new stake in shares of Fidelity Total Bond ETF during the 4th quarter valued at about $49,000.
Fidelity Total Bond ETF Stock Performance
Shares of NYSEARCA FBND opened at $45.29 on Friday. The business has a 50 day simple moving average of $45.44 and a 200 day simple moving average of $45.83. Fidelity Total Bond ETF has a 52 week low of $44.82 and a 52 week high of $46.86. The stock has a market cap of $27.13 billion, a price-to-earnings ratio of 8.94 and a beta of 0.27.
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.
Featured Articles
- Five stocks we like better than Fidelity Total Bond ETF
- Netflix May Be Cheap Enough to Tempt Buyers After Earnings Drop
- Delta vs. United: Which Airline Is Better Built for Higher Fuel Costs?
- The Market Sold Alcoa After Earnings—But It May Be Missing the Real Story
- Why Intuitive Surgical’s Strong Quarter Still Spooked Investors
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:FBND – Free Report).
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.
