Fidelity Total Bond ETF $FBND Shares Bought by Harbor Group Inc.

Harbor Group Inc. grew its position in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 3.8% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 1,159,007 shares of the company’s stock after buying an additional 42,926 shares during the quarter. Fidelity Total Bond ETF accounts for 5.9% of Harbor Group Inc.’s holdings, making the stock its 6th biggest position. Harbor Group Inc.’s holdings in Fidelity Total Bond ETF were worth $50,185,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the business. Sherrill & Hutchins Financial Advisory Inc lifted its stake in Fidelity Total Bond ETF by 2.7% in the third quarter. Sherrill & Hutchins Financial Advisory Inc now owns 969,603 shares of the company’s stock valued at $41,989,000 after purchasing an additional 25,690 shares during the last quarter. Essex LLC lifted its stake in shares of Fidelity Total Bond ETF by 886.5% during the 3rd quarter. Essex LLC now owns 238,204 shares of the company’s stock valued at $10,314,000 after buying an additional 214,057 shares in the last quarter. ABLE Financial Group LLC boosted its holdings in shares of Fidelity Total Bond ETF by 9.0% in the third quarter. ABLE Financial Group LLC now owns 862,676 shares of the company’s stock worth $37,354,000 after acquiring an additional 71,000 shares during the period. WestHill Financial Advisors Inc. boosted its stake in Fidelity Total Bond ETF by 11.0% in the 3rd quarter. WestHill Financial Advisors Inc. now owns 1,015,500 shares of the company’s stock worth $43,971,000 after purchasing an additional 100,518 shares during the period. Finally, Lineweaver Wealth Advisors LLC increased its position in shares of Fidelity Total Bond ETF by 3.4% during the third quarter. Lineweaver Wealth Advisors LLC now owns 934,473 shares of the company’s stock valued at $40,463,000 after buying an additional 30,654 shares during the period.

Fidelity Total Bond ETF Stock Performance

Fidelity Total Bond ETF stock opened at $43.54 on Thursday. The firm’s fifty day moving average price is $44.32 and its 200-day moving average price is $45.07. Fidelity Total Bond ETF has a fifty-two week low of $43.11 and a fifty-two week high of $46.86. The stock has a market cap of $28.07 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.