Fidelity Total Bond ETF $FBND Shares Acquired by Global Retirement Partners LLC

Global Retirement Partners LLC lifted its stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 5.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 759,690 shares of the company’s stock after acquiring an additional 40,263 shares during the quarter. Fidelity Total Bond ETF comprises about 0.6% of Global Retirement Partners LLC’s investment portfolio, making the stock its 28th biggest holding. Global Retirement Partners LLC owned 0.15% of Fidelity Total Bond ETF worth $34,976,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in FBND. EnRich Financial Partners LLC boosted its holdings in Fidelity Total Bond ETF by 4.0% during the third quarter. EnRich Financial Partners LLC now owns 475,238 shares of the company’s stock worth $21,975,000 after buying an additional 18,362 shares in the last quarter. Financial Management Network Inc. boosted its holdings in Fidelity Total Bond ETF by 20.3% during the fourth quarter. Financial Management Network Inc. now owns 123,217 shares of the company’s stock worth $5,673,000 after buying an additional 20,803 shares in the last quarter. Sunburst Financial Group LLC boosted its holdings in Fidelity Total Bond ETF by 2.6% during the fourth quarter. Sunburst Financial Group LLC now owns 1,110,436 shares of the company’s stock worth $51,124,000 after buying an additional 28,089 shares in the last quarter. Drake & Associates LLC boosted its holdings in Fidelity Total Bond ETF by 14.3% during the third quarter. Drake & Associates LLC now owns 837,627 shares of the company’s stock worth $38,698,000 after buying an additional 104,664 shares in the last quarter. Finally, Coyle Financial Counsel LLC boosted its holdings in Fidelity Total Bond ETF by 21.8% during the third quarter. Coyle Financial Counsel LLC now owns 735,709 shares of the company’s stock worth $34,019,000 after buying an additional 131,713 shares in the last quarter.

Fidelity Total Bond ETF Stock Performance

Shares of NYSEARCA:FBND opened at $45.30 on Thursday. The stock has a market capitalization of $25.38 billion, a price-to-earnings ratio of 8.94 and a beta of 0.28. Fidelity Total Bond ETF has a 1-year low of $44.73 and a 1-year high of $46.86. The company has a 50 day moving average price of $45.71 and a 200 day moving average price of $46.09.

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.