Fidelity Total Bond ETF $FBND Shares Purchased by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. raised its position in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 19.1% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 141,571 shares of the company’s stock after acquiring an additional 22,658 shares during the period. Oppenheimer & Co. Inc.’s holdings in Fidelity Total Bond ETF were worth $6,130,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of FBND. Ballast Financial Advisors LLC increased its stake in shares of Fidelity Total Bond ETF by 10.5% in the third quarter. Ballast Financial Advisors LLC now owns 39,120 shares of the company’s stock worth $1,694,000 after purchasing an additional 3,728 shares during the period. Insight Wealth Partners LLC boosted its stake in Fidelity Total Bond ETF by 6.4% during the 3rd quarter. Insight Wealth Partners LLC now owns 208,317 shares of the company’s stock valued at $9,020,000 after purchasing an additional 12,548 shares during the period. Verdence Capital Advisors LLC boosted its stake in Fidelity Total Bond ETF by 5.6% during the 3rd quarter. Verdence Capital Advisors LLC now owns 5,380 shares of the company’s stock valued at $233,000 after purchasing an additional 283 shares during the period. Flagship Harbor Advisors LLC grew its holdings in Fidelity Total Bond ETF by 10.0% in the 3rd quarter. Flagship Harbor Advisors LLC now owns 115,653 shares of the company’s stock valued at $5,008,000 after buying an additional 10,540 shares during the last quarter. Finally, Holos Integrated Wealth LLC increased its position in Fidelity Total Bond ETF by 9.6% in the 3rd quarter. Holos Integrated Wealth LLC now owns 279,327 shares of the company’s stock worth $12,201,000 after buying an additional 24,449 shares during the period.

Fidelity Total Bond ETF Stock Down 0.2%

Shares of NYSEARCA FBND opened at $44.06 on Thursday. The business’s 50 day moving average is $44.12 and its two-hundred day moving average is $45.29. The company has a market cap of $28.41 billion, a P/E ratio of 8.94 and a beta of 0.28. Fidelity Total Bond ETF has a 12 month low of $43.11 and a 12 month high of $46.84.

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.