Centaurus Financial Inc. Grows Stock Holdings in Fidelity Total Bond ETF $FBND

Centaurus Financial Inc. boosted its holdings in Fidelity Total Bond ETF (NYSEARCA:FBND) by 21.1% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 529,510 shares of the company’s stock after purchasing an additional 92,219 shares during the quarter. Fidelity Total Bond ETF comprises approximately 1.1% of Centaurus Financial Inc.’s portfolio, making the stock its 14th biggest position. Centaurus Financial Inc. owned approximately 0.09% of Fidelity Total Bond ETF worth $24,156,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Morgan Stanley lifted its position in Fidelity Total Bond ETF by 16.2% during the 4th 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 period. Northwestern Mutual Wealth Management Co. raised its holdings in Fidelity Total Bond ETF by 3.9% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 89,517,143 shares of the company’s stock worth $4,139,273,000 after purchasing an additional 3,390,440 shares during the last quarter. Align Financial LLC purchased a new position in Fidelity Total Bond ETF during the 4th quarter valued at about $141,726,000. JPMorgan Chase & Co. raised its position in shares of Fidelity Total Bond ETF by 25.8% during the 4th quarter. JPMorgan Chase & Co. now owns 11,574,323 shares of the company’s stock worth $532,882,000 after purchasing an additional 2,374,913 shares during the last quarter. Finally, Dynasty Wealth Management LLC lifted its position in shares of Fidelity Total Bond ETF by 30.0% in the fourth quarter. Dynasty Wealth Management LLC now owns 8,650,398 shares of the company’s stock valued at $398,264,000 after acquiring an additional 1,993,799 shares in the last quarter.

Fidelity Total Bond ETF Stock Performance

Shares of FBND opened at $44.98 on Thursday. The company has a market capitalization of $27.10 billion, a PE ratio of 8.94 and a beta of 0.27. The stock has a fifty day moving average of $45.39 and a two-hundred day moving average of $45.76. Fidelity Total Bond ETF has a fifty-two week low of $44.82 and a fifty-two 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.