Flagship Harbor Advisors LLC Buys 522 Shares of Fidelity Total Bond ETF $FBND

Flagship Harbor Advisors LLC increased its stake in Fidelity Total Bond ETF (NYSEARCA:FBND) by 0.7% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 70,683 shares of the company’s stock after purchasing an additional 522 shares during the period. Flagship Harbor Advisors LLC’s holdings in Fidelity Total Bond ETF were worth $3,234,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also bought and sold shares of FBND. Northwestern Mutual Wealth Management Co. raised its position in shares of Fidelity Total Bond ETF by 10.6% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 81,162,777 shares of the company’s stock valued at $3,705,081,000 after buying an additional 7,778,802 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in Fidelity Total Bond ETF by 42.2% during the first quarter. JPMorgan Chase & Co. now owns 10,231,902 shares of the company’s stock worth $467,086,000 after purchasing an additional 3,037,583 shares during the last quarter. Dynasty Wealth Management LLC boosted its holdings in shares of Fidelity Total Bond ETF by 103.0% in the 1st quarter. Dynasty Wealth Management LLC now owns 5,970,330 shares of the company’s stock valued at $272,546,000 after purchasing an additional 3,029,917 shares in the last quarter. Quotient Wealth Partners LLC raised its holdings in shares of Fidelity Total Bond ETF by 202.9% during the 1st quarter. Quotient Wealth Partners LLC now owns 3,181,431 shares of the company’s stock worth $145,232,000 after buying an additional 2,131,128 shares in the last quarter. Finally, Ritholtz Wealth Management lifted its position in shares of Fidelity Total Bond ETF by 64.3% during the 2nd quarter. Ritholtz Wealth Management now owns 3,610,928 shares of the company’s stock worth $165,200,000 after buying an additional 1,412,766 shares during the last quarter.

Fidelity Total Bond ETF Trading Down 0.5%

Shares of NYSEARCA FBND opened at $46.61 on Thursday. The company has a market cap of $22.17 billion, a price-to-earnings ratio of 8.94 and a beta of 0.28. Fidelity Total Bond ETF has a 12 month low of $44.30 and a 12 month high of $46.86. The stock has a 50-day moving average price of $46.37 and a two-hundred 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.