Fidelity Total Bond ETF $FBND Shares Acquired by Prosperity Consulting Group LLC

Prosperity Consulting Group LLC increased its position in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 11.0% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 128,550 shares of the company’s stock after buying an additional 12,727 shares during the quarter. Prosperity Consulting Group LLC’s holdings in Fidelity Total Bond ETF were worth $5,864,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Morgan Stanley increased its stake in Fidelity Total Bond ETF by 16.2% during the fourth quarter. Morgan Stanley now owns 34,716,320 shares of the company’s stock worth $1,598,339,000 after acquiring an additional 4,830,198 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its position in Fidelity Total Bond ETF by 3.9% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 89,517,143 shares of the company’s stock valued at $4,139,273,000 after purchasing an additional 3,390,440 shares during the period. Align Financial LLC acquired a new position in shares of Fidelity Total Bond ETF in the 4th quarter valued at $141,726,000. JPMorgan Chase & Co. lifted its stake in shares of Fidelity Total Bond ETF by 25.8% in the 4th quarter. JPMorgan Chase & Co. now owns 11,574,323 shares of the company’s stock valued at $532,882,000 after purchasing an additional 2,374,913 shares during the last quarter. Finally, Dynasty Wealth Management LLC lifted its stake in shares of Fidelity Total Bond ETF by 30.0% in the 4th quarter. Dynasty Wealth Management LLC now owns 8,650,398 shares of the company’s stock valued at $398,264,000 after purchasing an additional 1,993,799 shares during the last quarter.

Fidelity Total Bond ETF Trading Down 0.0%

NYSEARCA FBND opened at $45.26 on Friday. The stock has a fifty day simple moving average of $45.45 and a 200-day simple moving average of $45.83. The stock has a market cap of $26.88 billion, a PE ratio of 8.94 and a beta of 0.27. Fidelity Total Bond ETF has a twelve month low of $44.82 and a twelve month high of $46.86.

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.