Bokf Na Makes New Investment in Fidelity Total Bond ETF $FBND

Bokf Na purchased a new position in Fidelity Total Bond ETF (NYSEARCA:FBND) in the fourth quarter, HoldingsChannel reports. The firm purchased 12,470 shares of the company’s stock, valued at approximately $574,000.

A number of other hedge funds have also modified their holdings of FBND. Rialto Wealth Management LLC bought a new position in shares of Fidelity Total Bond ETF in the fourth quarter worth approximately $32,000. Clearstead Advisors LLC bought a new stake in Fidelity Total Bond ETF during the third quarter valued at about $36,000. First Command Advisory Services Inc. bought a new stake in Fidelity Total Bond ETF during the third quarter valued at about $47,000. Fifth Third Bancorp raised its holdings in Fidelity Total Bond ETF by 78.0% during the third quarter. Fifth Third Bancorp now owns 1,068 shares of the company’s stock valued at $49,000 after acquiring an additional 468 shares during the period. Finally, Key Capital Management INC bought a new stake in Fidelity Total Bond ETF during the fourth quarter valued at about $49,000.

Fidelity Total Bond ETF Stock Up 0.2%

NYSEARCA:FBND opened at $45.75 on Friday. The business’s 50-day simple moving average is $45.89 and its two-hundred day simple moving average is $46.17. The stock has a market cap of $25.63 billion, a PE ratio of 8.94 and a beta of 0.28. Fidelity Total Bond ETF has a 52 week low of $44.73 and a 52 week 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.