Essential Planning LLC. boosted its position in Fidelity Total Bond ETF (NYSEARCA:FBND – Free Report) by 24.7% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 204,785 shares of the company’s stock after buying an additional 40,595 shares during the period. Fidelity Total Bond ETF makes up 2.4% of Essential Planning LLC.’s holdings, making the stock its 12th biggest holding. Essential Planning LLC.’s holdings in Fidelity Total Bond ETF were worth $8,867,000 at the end of the most recent quarter.
Several other hedge funds have also recently made changes to their positions in the business. GHP Investment Advisors Inc. bought a new stake in shares of Fidelity Total Bond ETF in the 1st quarter valued at $25,000. Community Financial Services Group LLC acquired a new position in Fidelity Total Bond ETF during the 2nd quarter worth approximately $32,000. Maryland Capital Advisors Inc. bought a new position in Fidelity Total Bond ETF in the second quarter worth approximately $37,000. Manning & Napier Advisors LLC bought a new stake in shares of Fidelity Total Bond ETF during the first quarter valued at approximately $53,000. Finally, Sound Income Strategies LLC lifted its holdings in shares of Fidelity Total Bond ETF by 180.6% in the 1st quarter. Sound Income Strategies LLC now owns 1,316 shares of the company’s stock worth $60,000 after purchasing an additional 847 shares in the last quarter.
Fidelity Total Bond ETF Stock Performance
Fidelity Total Bond ETF stock opened at $43.76 on Thursday. The firm’s fifty day moving average price is $44.20 and its two-hundred day moving average price is $45.01. The firm has a market capitalization of $28.21 billion, a price-to-earnings ratio of 8.94 and a beta of 0.28. Fidelity Total Bond ETF has a 1-year low of $43.11 and a 1-year high of $46.86.
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.
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