284,743 Shares in Fidelity Total Bond ETF (NYSEARCA:FBND) Acquired by RCS Financial Planning LLC

RCS Financial Planning LLC purchased a new position in Fidelity Total Bond ETF (NYSEARCA:FBND) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 284,743 shares of the company’s stock, valued at approximately $12,844,000. Fidelity Total Bond ETF accounts for about 6.8% of RCS Financial Planning LLC’s investment portfolio, making the stock its 3rd largest position. RCS Financial Planning LLC owned about 0.14% of Fidelity Total Bond ETF at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of FBND. Mark Sheptoff Financial Planning LLC purchased a new position in shares of Fidelity Total Bond ETF in the third quarter worth $25,000. Northwest Investment Counselors LLC purchased a new position in shares of Fidelity Total Bond ETF in the third quarter valued at about $30,000. Highline Wealth Partners LLC bought a new position in shares of Fidelity Total Bond ETF during the third quarter valued at about $47,000. Darwin Wealth Management LLC purchased a new stake in shares of Fidelity Total Bond ETF during the third quarter worth about $54,000. Finally, Wilmington Savings Fund Society FSB bought a new stake in shares of Fidelity Total Bond ETF in the third quarter worth about $87,000.

Fidelity Total Bond ETF Price Performance

Shares of NYSEARCA:FBND opened at $45.19 on Wednesday. The stock’s 50-day moving average is $45.25 and its 200 day moving average is $45.85. The company has a market cap of $9.02 billion, a PE ratio of 8.85 and a beta of 0.19. Fidelity Total Bond ETF has a 1 year low of $44.01 and a 1 year high of $47.30.

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.