Bryant Woods Investment Advisors LLC boosted its holdings in Fidelity Total Bond ETF (NYSEARCA:FBND – Free Report) by 64.2% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 81,148 shares of the company’s stock after buying an additional 31,739 shares during the quarter. Fidelity Total Bond ETF makes up approximately 1.4% of Bryant Woods Investment Advisors LLC’s investment portfolio, making the stock its 14th largest position. Bryant Woods Investment Advisors LLC’s holdings in Fidelity Total Bond ETF were worth $3,702,000 at the end of the most recent quarter.
Several other hedge funds have also added to or reduced their stakes in FBND. Root Financial Partners LLC bought a new stake in Fidelity Total Bond ETF during the 4th quarter worth approximately $25,000. GHP Investment Advisors Inc. acquired a new position in Fidelity Total Bond ETF in the 1st quarter valued at approximately $25,000. Rialto Wealth Management LLC bought a new position in shares of Fidelity Total Bond ETF during the fourth quarter valued at $32,000. Tucker Asset Management LLC bought a new position in shares of Fidelity Total Bond ETF during the fourth quarter valued at $37,000. Finally, Key Capital Management INC acquired a new position in shares of Fidelity Total Bond ETF during the fourth quarter worth $49,000.
Fidelity Total Bond ETF Stock Performance
Shares of NYSEARCA:FBND opened at $45.47 on Friday. 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 cap of $26.64 billion, a PE ratio of 8.94 and a beta of 0.27. The firm’s fifty day moving average is $45.53 and its 200-day moving average is $45.90.
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.
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