Fidelity Total Bond ETF (NYSEARCA:FBND) Holdings Raised by Hunter Associates Investment Management LLC

Hunter Associates Investment Management LLC boosted its position in Fidelity Total Bond ETF (NYSEARCA:FBND) by 21.1% in the 4th quarter, HoldingsChannel.com reports. The firm owned 362,890 shares of the company’s stock after buying an additional 63,332 shares during the period. Fidelity Total Bond ETF accounts for about 2.5% of Hunter Associates Investment Management LLC’s holdings, making the stock its 7th largest holding. Hunter Associates Investment Management LLC’s holdings in Fidelity Total Bond ETF were worth $16,262,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Mark Sheptoff Financial Planning LLC purchased a new position in shares of Fidelity Total Bond ETF in the third quarter valued at $25,000. Northwest Investment Counselors LLC acquired a new stake in Fidelity Total Bond ETF in the 3rd quarter valued at about $30,000. Highline Wealth Partners LLC purchased a new position in Fidelity Total Bond ETF during the 3rd quarter valued at about $47,000. Darwin Wealth Management LLC acquired a new position in Fidelity Total Bond ETF during the third quarter worth about $54,000. Finally, Wilmington Savings Fund Society FSB acquired a new position in Fidelity Total Bond ETF during the third quarter worth about $87,000.

Fidelity Total Bond ETF Price Performance

FBND stock opened at $45.08 on Friday. The company’s 50 day simple moving average is $45.24 and its 200-day simple moving average is $45.84. Fidelity Total Bond ETF has a 12 month low of $44.01 and a 12 month high of $47.30. The firm has a market capitalization of $9.00 billion, a PE ratio of 8.85 and a beta of 0.19.

Fidelity Total Bond ETF 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.