Weatherly Asset Management L. P. Has $31.65 Million Holdings in Fidelity Total Bond ETF (NYSEARCA:FBND)

Weatherly Asset Management L. P. boosted its holdings in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 12.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 701,958 shares of the company’s stock after acquiring an additional 75,572 shares during the period. Fidelity Total Bond ETF comprises about 2.8% of Weatherly Asset Management L. P.’s portfolio, making the stock its 6th largest position. Weatherly Asset Management L. P.’s holdings in Fidelity Total Bond ETF were worth $31,646,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in FBND. Mark Sheptoff Financial Planning LLC purchased a new position in Fidelity Total Bond ETF during the 3rd quarter worth $25,000. Northwest Investment Counselors LLC acquired a new position in shares of Fidelity Total Bond ETF during the third quarter valued at about $30,000. Highline Wealth Partners LLC acquired a new position in shares of Fidelity Total Bond ETF during the third quarter valued at about $47,000. Darwin Wealth Management LLC acquired a new position in shares of Fidelity Total Bond ETF during the third quarter valued at about $54,000. Finally, Wilmington Savings Fund Society FSB acquired a new position in shares of Fidelity Total Bond ETF during the third quarter valued at about $87,000.

Fidelity Total Bond ETF Stock Up 0.0 %

FBND opened at $45.20 on Tuesday. Fidelity Total Bond ETF has a 52-week low of $44.01 and a 52-week high of $47.30. The company has a market cap of $9.02 billion, a P/E ratio of 8.85 and a beta of 0.19. The firm’s 50-day moving average price is $45.17 and its 200-day moving average price is $45.82.

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.