Fidelity Total Bond ETF (NYSEARCA:FBND) Stock Position Boosted by Insight Wealth Partners LLC

Insight Wealth Partners LLC lifted its holdings in Fidelity Total Bond ETF (NYSEARCA:FBND) by 6.8% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 165,542 shares of the company’s stock after purchasing an additional 10,470 shares during the quarter. Fidelity Total Bond ETF comprises about 1.5% of Insight Wealth Partners LLC’s portfolio, making the stock its 8th biggest position. Insight Wealth Partners LLC’s holdings in Fidelity Total Bond ETF were worth $7,737,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in FBND. Mather Group LLC. increased its stake in Fidelity Total Bond ETF by 4,145.0% during the 3rd quarter. Mather Group LLC. now owns 3,544,982 shares of the company’s stock valued at $165,692,000 after purchasing an additional 3,461,472 shares in the last quarter. Summit Financial Strategies Inc. increased its position in shares of Fidelity Total Bond ETF by 4,346.0% in the 2nd quarter. Summit Financial Strategies Inc. now owns 1,295,739 shares of the company’s stock valued at $58,218,000 after acquiring an additional 1,266,595 shares during the period. Crane Advisory LLC purchased a new position in Fidelity Total Bond ETF in the 3rd quarter worth $50,363,000. Thrivent Financial for Lutherans lifted its position in Fidelity Total Bond ETF by 85.1% during the 3rd quarter. Thrivent Financial for Lutherans now owns 2,159,030 shares of the company’s stock worth $100,976,000 after acquiring an additional 992,739 shares during the period. Finally, Quotient Wealth Partners LLC purchased a new stake in Fidelity Total Bond ETF during the 2nd quarter valued at about $44,290,000.

Fidelity Total Bond ETF Stock Down 0.2 %

Fidelity Total Bond ETF stock opened at $45.73 on Wednesday. Fidelity Total Bond ETF has a 52 week low of $44.01 and a 52 week high of $47.30. The stock has a 50-day moving average price of $46.00 and a 200 day moving average price of $45.80. The company has a market capitalization of $9.13 billion, a price-to-earnings ratio of 8.85 and a beta of 0.19.

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.