Renaissance Technologies LLC Boosts Stock Holdings in Fidelity Total Bond ETF $FBND

Renaissance Technologies LLC grew its holdings in Fidelity Total Bond ETF (NYSEARCA:FBND) by 107.7% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 229,100 shares of the company’s stock after purchasing an additional 118,800 shares during the period. Renaissance Technologies LLC’s holdings in Fidelity Total Bond ETF were worth $10,452,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of FBND. Dupree Financial Group LLC boosted its holdings in Fidelity Total Bond ETF by 1.6% in the 4th quarter. Dupree Financial Group LLC now owns 14,135 shares of the company’s stock worth $651,000 after buying an additional 219 shares during the period. Signature Equity Partners LLC raised its holdings in Fidelity Total Bond ETF by 5.4% during the 1st quarter. Signature Equity Partners LLC now owns 4,739 shares of the company’s stock valued at $216,000 after acquiring an additional 244 shares during the period. Insight Advisors LLC PA lifted its position in shares of Fidelity Total Bond ETF by 1.6% during the first quarter. Insight Advisors LLC PA now owns 17,988 shares of the company’s stock worth $821,000 after acquiring an additional 291 shares in the last quarter. Investment Advisory Group LLC lifted its position in shares of Fidelity Total Bond ETF by 0.4% during the fourth quarter. Investment Advisory Group LLC now owns 71,185 shares of the company’s stock worth $3,277,000 after acquiring an additional 303 shares in the last quarter. Finally, Keystone Financial Group lifted its position in shares of Fidelity Total Bond ETF by 3.1% during the third quarter. Keystone Financial Group now owns 10,317 shares of the company’s stock worth $477,000 after acquiring an additional 315 shares in the last quarter.

Fidelity Total Bond ETF Price Performance

Fidelity Total Bond ETF stock opened at $44.72 on Friday. The firm has a market capitalization of $27.09 billion, a P/E ratio of 8.94 and a beta of 0.27. Fidelity Total Bond ETF has a one year low of $44.65 and a one year high of $46.86. The business has a fifty day moving average price of $45.36 and a 200-day moving average price of $45.75.

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.