Fidelity Total Bond ETF $FBND Shares Acquired by Coyle Financial Counsel LLC

Coyle Financial Counsel LLC grew its position in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 3.6% in the 4th quarter, Holdings Channel reports. The institutional investor owned 762,388 shares of the company’s stock after acquiring an additional 26,679 shares during the period. Fidelity Total Bond ETF accounts for approximately 7.5% of Coyle Financial Counsel LLC’s investment portfolio, making the stock its 3rd biggest holding. Coyle Financial Counsel LLC’s holdings in Fidelity Total Bond ETF were worth $35,100,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in FBND. 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 buying an additional 32,071 shares during the last quarter. Betterment LLC lifted 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 worth $4,461,000 after purchasing an additional 2,597 shares during the last quarter. Darwin Wealth Management LLC acquired a new stake in Fidelity Total Bond ETF in the 2nd quarter worth approximately $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 worth $2,295,000 after purchasing an additional 3,402 shares during 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 worth $303,000 after purchasing an additional 1,924 shares during the last quarter.

Fidelity Total Bond ETF Stock Performance

FBND opened at $45.52 on Friday. The business has a 50 day moving average price of $45.65 and a 200 day moving average price of $46.05. Fidelity Total Bond ETF has a twelve month low of $44.82 and a twelve month high of $46.86. The firm has a market cap of $25.50 billion, a P/E ratio of 8.94 and a beta of 0.28.

Fidelity Total Bond ETF 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.