Fidelity Total Bond ETF $FBND Shares Bought by Apollon Financial LLC

Apollon Financial LLC boosted its position in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 170.3% in the 1st quarter, Holdings Channel.com reports. The institutional investor owned 44,002 shares of the company’s stock after buying an additional 27,721 shares during the period. Apollon Financial LLC’s holdings in Fidelity Total Bond ETF were worth $2,007,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in FBND. Apollon Wealth Management LLC acquired a new stake in shares of Fidelity Total Bond ETF in the first quarter worth approximately $469,000. Pasadena Private Wealth LLC lifted its holdings in Fidelity Total Bond ETF by 234.2% in the 1st quarter. Pasadena Private Wealth LLC now owns 26,796 shares of the company’s stock valued at $1,222,000 after purchasing an additional 18,777 shares in the last quarter. Vicus Capital lifted its holdings in Fidelity Total Bond ETF by 4.7% in the 1st quarter. Vicus Capital now owns 767,829 shares of the company’s stock valued at $35,028,000 after purchasing an additional 34,625 shares in the last quarter. Riverbend Wealth Management LLC boosted its stake in Fidelity Total Bond ETF by 3.2% during the 1st quarter. Riverbend Wealth Management LLC now owns 44,499 shares of the company’s stock worth $2,030,000 after purchasing an additional 1,387 shares during the last quarter. Finally, Patriot Financial Group Insurance Agency LLC boosted its stake in Fidelity Total Bond ETF by 98.2% during the 1st quarter. Patriot Financial Group Insurance Agency LLC now owns 18,730 shares of the company’s stock worth $854,000 after purchasing an additional 9,282 shares during the last quarter.

Fidelity Total Bond ETF Price Performance

Fidelity Total Bond ETF stock opened at $45.82 on Monday. Fidelity Total Bond ETF has a 52-week low of $44.82 and a 52-week high of $46.86. The firm has a market capitalization of $25.67 billion, a price-to-earnings ratio of 8.94 and a beta of 0.27. The company has a fifty day simple moving average of $45.58 and a 200-day simple moving average of $45.92.

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.