Fidelity Total Bond ETF $FBND Stake Boosted by IHT Wealth Management LLC

IHT Wealth Management LLC grew its stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 40.2% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 171,718 shares of the company’s stock after acquiring an additional 49,273 shares during the period. IHT Wealth Management LLC’s holdings in Fidelity Total Bond ETF were worth $7,906,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Root Financial Partners LLC purchased a new position in shares of Fidelity Total Bond ETF during the 4th quarter valued at $25,000. Rialto Wealth Management LLC purchased a new position in shares of Fidelity Total Bond ETF during the 4th quarter valued at $32,000. Clearstead Advisors LLC purchased a new position in shares of Fidelity Total Bond ETF during the 3rd quarter valued at $36,000. Tucker Asset Management LLC purchased a new position in shares of Fidelity Total Bond ETF during the 4th quarter valued at $37,000. Finally, Fifth Third Bancorp grew its holdings in shares of Fidelity Total Bond ETF by 78.0% during the 3rd quarter. Fifth Third Bancorp now owns 1,068 shares of the company’s stock valued at $49,000 after acquiring an additional 468 shares in the last quarter.

Fidelity Total Bond ETF Trading Down 0.4%

Shares of NYSEARCA:FBND opened at $45.48 on Thursday. The stock has a market capitalization of $25.48 billion, a PE ratio of 8.94 and a beta of 0.27. Fidelity Total Bond ETF has a 1 year low of $44.82 and a 1 year high of $46.86. The firm has a fifty day moving average price of $45.61 and a 200 day moving average price of $45.96.

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.