Hunter Associates Investment Management LLC Has $28.32 Million Stock Holdings in Fidelity Total Bond ETF $FBND

Hunter Associates Investment Management LLC increased its position in Fidelity Total Bond ETF (NYSEARCA:FBND) by 9.7% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 620,232 shares of the company’s stock after acquiring an additional 54,953 shares during the period. Fidelity Total Bond ETF makes up 3.7% of Hunter Associates Investment Management LLC’s portfolio, making the stock its 4th biggest position. Hunter Associates Investment Management LLC owned approximately 0.11% of Fidelity Total Bond ETF worth $28,315,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the company. Dupree Financial Group LLC grew its position in Fidelity Total Bond ETF by 1.6% in the 4th quarter. Dupree Financial Group LLC now owns 14,135 shares of the company’s stock worth $651,000 after purchasing an additional 219 shares during the last quarter. Quadrant Capital Group LLC raised its holdings in shares of Fidelity Total Bond ETF by 0.6% during the third quarter. Quadrant Capital Group LLC now owns 38,010 shares of the company’s stock valued at $1,758,000 after buying an additional 220 shares during the last quarter. Investment Advisory Group LLC raised its holdings in shares of Fidelity Total Bond ETF by 0.4% during the fourth quarter. Investment Advisory Group LLC now owns 71,185 shares of the company’s stock valued at $3,277,000 after buying an additional 303 shares during the last quarter. Keystone Financial Group boosted its position in shares of Fidelity Total Bond ETF by 3.1% during the third quarter. Keystone Financial Group now owns 10,317 shares of the company’s stock worth $477,000 after buying an additional 315 shares during the period. Finally, Wealth Quarterback LLC boosted its position in shares of Fidelity Total Bond ETF by 4.7% during the fourth quarter. Wealth Quarterback LLC now owns 7,130 shares of the company’s stock worth $328,000 after buying an additional 317 shares during the period.

Fidelity Total Bond ETF Price Performance

Shares of FBND stock opened at $45.47 on Friday. The business has a 50 day simple moving average of $45.53 and a 200 day simple moving average of $45.90. The firm has a market capitalization of $26.64 billion, a price-to-earnings ratio of 8.94 and a beta of 0.27. Fidelity Total Bond ETF has a 12-month low of $44.82 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.