Strive Financial Group LLC Makes New Investment in Fidelity Total Bond ETF $FBND

Strive Financial Group LLC acquired a new stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 13,331 shares of the company’s stock, valued at approximately $606,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Sensenig Capital Advisors Inc raised its stake in shares of Fidelity Total Bond ETF by 7.3% in the second quarter. Sensenig Capital Advisors Inc now owns 6,266 shares of the company’s stock valued at $285,000 after acquiring an additional 428 shares during the period. Jeter Robert S II boosted its stake in shares of Fidelity Total Bond ETF by 2.1% during the 2nd quarter. Jeter Robert S II now owns 141,085 shares of the company’s stock worth $6,384,000 after purchasing an additional 2,837 shares during the period. Elevation Wealth Management LLC grew its holdings in Fidelity Total Bond ETF by 2.7% during the 2nd quarter. Elevation Wealth Management LLC now owns 13,420 shares of the company’s stock valued at $613,000 after purchasing an additional 348 shares during the last quarter. Plan A Wealth LLC grew its holdings in Fidelity Total Bond ETF by 53.8% during the 2nd quarter. Plan A Wealth LLC now owns 25,391 shares of the company’s stock valued at $1,155,000 after purchasing an additional 8,883 shares during the last quarter. Finally, Mann Financial Group Inc. bought a new position in Fidelity Total Bond ETF during the 2nd quarter valued at about $234,000.

Fidelity Total Bond ETF Price Performance

Fidelity Total Bond ETF stock opened at $44.71 on Friday. The firm has a market capitalization of $27.09 billion, a P/E ratio of 8.94 and a beta of 0.27. Fidelity Total Bond ETF has a 1-year low of $44.59 and a 1-year high of $46.86. The company’s 50-day moving average is $45.06 and its 200 day moving average is $45.53.

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.