Simplicity Wealth LLC Grows Position in Fidelity Total Bond ETF $FBND

Simplicity Wealth LLC increased its holdings in Fidelity Total Bond ETF (NYSEARCA:FBND) by 25.7% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 78,933 shares of the company’s stock after acquiring an additional 16,130 shares during the period. Simplicity Wealth LLC’s holdings in Fidelity Total Bond ETF were worth $3,601,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Cerity Partners LLC boosted its stake in Fidelity Total Bond ETF by 400.5% in the 2nd quarter. Cerity Partners LLC now owns 40,079 shares of the company’s stock worth $1,834,000 after purchasing an additional 32,071 shares during the period. Betterment LLC lifted its stake in Fidelity Total Bond ETF by 2.7% in the second quarter. Betterment LLC now owns 97,501 shares of the company’s stock worth $4,461,000 after acquiring an additional 2,597 shares during the period. Darwin Wealth Management LLC bought a new position in Fidelity Total Bond ETF in the second quarter worth about $49,000. Graney & King LLC raised its position in shares of 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 acquiring an additional 3,402 shares in the last quarter. Finally, Ameriprise Financial Inc. boosted its position in shares of Fidelity Total Bond ETF by 40.9% during the second 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 Down 0.1%

Shares of NYSEARCA:FBND traded down $0.03 during midday trading on Friday, reaching $45.25. The company’s stock had a trading volume of 2,903,796 shares, compared to its average volume of 2,808,518. The firm has a 50 day moving average of $45.48 and a 200-day moving average of $45.87. The firm has a market capitalization of $26.51 billion, a P/E ratio of 8.94 and a beta of 0.27. Fidelity Total Bond ETF has a 12-month low of $44.82 and a 12-month 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.