Essential Planning LLC. Has $2.65 Million Stake in Fidelity Total Bond ETF $FBND

Essential Planning LLC. increased its stake in Fidelity Total Bond ETF (NYSEARCA:FBND) by 68.3% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 57,285 shares of the company’s stock after purchasing an additional 23,253 shares during the period. Fidelity Total Bond ETF makes up 0.9% of Essential Planning LLC.’s holdings, making the stock its 21st largest position. Essential Planning LLC.’s holdings in Fidelity Total Bond ETF were worth $2,649,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. GWN Securities Inc. lifted its holdings in shares of Fidelity Total Bond ETF by 1.3% in the third quarter. GWN Securities Inc. now owns 21,992 shares of the company’s stock valued at $1,017,000 after purchasing an additional 277 shares in the last quarter. Insight Wealth Strategies LLC raised its position in Fidelity Total Bond ETF by 1.6% in the 3rd quarter. Insight Wealth Strategies LLC now owns 17,535 shares of the company’s stock valued at $811,000 after buying an additional 281 shares during the last quarter. Barnes Dennig Private Wealth Management LLC lifted its stake in Fidelity Total Bond ETF by 8.9% in the 3rd quarter. Barnes Dennig Private Wealth Management LLC now owns 3,508 shares of the company’s stock valued at $162,000 after acquiring an additional 288 shares in the last quarter. Cedar Point Capital Partners LLC boosted its position in Fidelity Total Bond ETF by 1.4% during the 3rd quarter. Cedar Point Capital Partners LLC now owns 21,005 shares of the company’s stock worth $971,000 after acquiring an additional 292 shares during the last quarter. Finally, AssuredPartners Investment Advisors LLC boosted its position in Fidelity Total Bond ETF by 1.8% during the 3rd quarter. AssuredPartners Investment Advisors LLC now owns 17,722 shares of the company’s stock worth $819,000 after acquiring an additional 311 shares during the last quarter.

Fidelity Total Bond ETF Stock Down 0.2%

NYSEARCA FBND opened at $46.11 on Friday. The firm’s 50 day moving average is $46.28 and its 200-day moving average is $46.16. The company has a market capitalization of $23.81 billion, a PE ratio of 8.94 and a beta of 0.28. Fidelity Total Bond ETF has a 12-month low of $44.30 and a 12-month 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.