Fidelity Total Bond ETF $FBND Shares Bought by Bleakley Financial Group LLC

Bleakley Financial Group LLC lifted its stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 3.1% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 902,747 shares of the company’s stock after purchasing an additional 26,898 shares during the period. Bleakley Financial Group LLC owned about 0.16% of Fidelity Total Bond ETF worth $41,183,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of the company. Root Financial Partners LLC bought a new stake in shares of Fidelity Total Bond ETF during the 4th quarter valued at about $25,000. GHP Investment Advisors Inc. bought a new position in Fidelity Total Bond ETF in the first quarter worth about $25,000. Rialto Wealth Management LLC bought a new position in Fidelity Total Bond ETF in the fourth quarter worth about $32,000. Tucker Asset Management LLC acquired a new position in Fidelity Total Bond ETF in the fourth quarter valued at approximately $37,000. Finally, Key Capital Management INC acquired a new position in Fidelity Total Bond ETF in the fourth quarter valued at approximately $49,000.

Fidelity Total Bond ETF Price Performance

Shares of NYSEARCA FBND opened at $45.10 on Tuesday. Fidelity Total Bond ETF has a 1-year low of $44.82 and a 1-year high of $46.86. The business’s fifty day moving average price is $45.47 and its two-hundred day moving average price is $45.86. The firm has a market capitalization of $26.79 billion, a PE ratio of 8.94 and a beta of 0.27.

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.