57,944 Shares in Fidelity Total Bond ETF $FBND Acquired by Harmony Asset Management LLC

Harmony Asset Management LLC purchased a new stake in Fidelity Total Bond ETF (NYSEARCA:FBND) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 57,944 shares of the company’s stock, valued at approximately $2,643,000. Fidelity Total Bond ETF accounts for about 0.8% of Harmony Asset Management LLC’s holdings, making the stock its 29th largest holding.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Cerity Partners LLC lifted its holdings in shares of Fidelity Total Bond ETF by 400.5% during the 2nd quarter. Cerity Partners LLC now owns 40,079 shares of the company’s stock valued at $1,834,000 after acquiring an additional 32,071 shares in the last quarter. Betterment LLC increased its holdings in Fidelity Total Bond ETF by 2.7% in the 2nd quarter. Betterment LLC now owns 97,501 shares of the company’s stock valued at $4,461,000 after purchasing an additional 2,597 shares in the last quarter. Darwin Wealth Management LLC acquired a new stake in Fidelity Total Bond ETF in the 2nd quarter valued at $49,000. Graney & King LLC raised its position in Fidelity Total Bond ETF by 7.3% in the second quarter. Graney & King LLC now owns 50,169 shares of the company’s stock valued at $2,295,000 after purchasing an additional 3,402 shares during the period. Finally, Ameriprise Financial Inc. raised its position in Fidelity Total Bond ETF by 40.9% in the second quarter. Ameriprise Financial Inc. now owns 6,626 shares of the company’s stock valued at $303,000 after purchasing an additional 1,924 shares during the period.

Fidelity Total Bond ETF Price Performance

Shares of FBND opened at $45.28 on Thursday. Fidelity Total Bond ETF has a 12 month low of $44.82 and a 12 month high of $46.86. The stock’s 50-day moving average is $45.45 and its two-hundred day moving average is $45.84. The stock has a market cap of $26.90 billion, a PE ratio of 8.94 and a beta of 0.27.

About Fidelity Total Bond ETF

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.