Fidelity Total Bond ETF $FBND Shares Bought by Golden State Equity Partners

Golden State Equity Partners raised its position in Fidelity Total Bond ETF (NYSEARCA:FBND) by 12.8% during the third quarter, HoldingsChannel reports. The firm owned 96,193 shares of the company’s stock after buying an additional 10,901 shares during the quarter. Fidelity Total Bond ETF accounts for 0.8% of Golden State Equity Partners’ holdings, making the stock its 22nd biggest position. Golden State Equity Partners’ holdings in Fidelity Total Bond ETF were worth $4,448,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Fifth Third Bancorp acquired a new position in shares of Fidelity Total Bond ETF during the second quarter worth $27,000. Caldwell Trust Co acquired a new stake in Fidelity Total Bond ETF in the second quarter valued at $34,000. Brown Lisle Cummings Inc. purchased a new stake in Fidelity Total Bond ETF during the 2nd quarter worth about $38,000. Maryland Capital Advisors Inc. boosted its position in shares of Fidelity Total Bond ETF by 378.5% during the 3rd quarter. Maryland Capital Advisors Inc. now owns 823 shares of the company’s stock worth $38,000 after acquiring an additional 651 shares in the last quarter. Finally, Darwin Wealth Management LLC purchased a new position in shares of Fidelity Total Bond ETF in the 2nd quarter valued at about $49,000.

Fidelity Total Bond ETF Stock Down 0.3%

FBND stock opened at $46.04 on Friday. The business has a 50 day moving average price of $46.36 and a 200 day moving average price of $46.11. The stock has a market cap of $22.00 billion, a price-to-earnings ratio of 8.94 and a beta of 0.28. Fidelity Total Bond ETF has a fifty-two week low of $44.30 and a fifty-two week high of $46.86.

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.