Fifth Third Bancorp Grows Holdings in Fidelity Total Bond ETF $FBND

Fifth Third Bancorp lifted its holdings in Fidelity Total Bond ETF (NYSEARCA:FBND) by 9,573.7% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 164,356 shares of the company’s stock after purchasing an additional 162,657 shares during the period. Fifth Third Bancorp’s holdings in Fidelity Total Bond ETF were worth $7,498,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently bought and sold shares of the business. Cerity Partners LLC lifted its position in shares of Fidelity Total Bond ETF by 400.5% in the second 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 raised its stake 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 during the last quarter. Darwin Wealth Management LLC acquired a new position in Fidelity Total Bond ETF in the 2nd quarter valued at $49,000. Graney & King LLC lifted its holdings in Fidelity Total Bond ETF by 7.3% in the 2nd 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 in the last quarter. Finally, Ameriprise Financial Inc. lifted its holdings in Fidelity Total Bond ETF by 40.9% in the 2nd 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 in the last quarter.

Fidelity Total Bond ETF Stock Up 0.2%

Fidelity Total Bond ETF stock opened at $45.28 on Thursday. The company has a fifty day simple moving average of $45.45 and a 200-day simple moving average of $45.84. The firm has a market capitalization of $26.90 billion, a price-to-earnings ratio of 8.94 and a beta of 0.27. Fidelity Total Bond ETF has a 52-week low of $44.82 and a 52-week 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.