Goldstone Financial Group LLC Acquires 23,415 Shares of Fidelity Total Bond ETF $FBND

Goldstone Financial Group LLC increased its holdings in Fidelity Total Bond ETF (NYSEARCA:FBND) by 9.8% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 263,481 shares of the company’s stock after purchasing an additional 23,415 shares during the period. Fidelity Total Bond ETF accounts for 1.4% of Goldstone Financial Group LLC’s holdings, making the stock its 20th biggest holding. Goldstone Financial Group LLC’s holdings in Fidelity Total Bond ETF were worth $12,183,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Fifth Third Bancorp purchased a new stake in Fidelity Total Bond ETF during the 2nd quarter valued at approximately $27,000. Caldwell Trust Co bought a new position in shares of Fidelity Total Bond ETF during the second quarter worth $34,000. Maryland Capital Advisors Inc. grew its stake in Fidelity Total Bond ETF by 378.5% during the third quarter. Maryland Capital Advisors Inc. now owns 823 shares of the company’s stock valued at $38,000 after acquiring an additional 651 shares in the last quarter. Brown Lisle Cummings Inc. bought a new stake in Fidelity Total Bond ETF in the 2nd quarter valued at $38,000. Finally, Darwin Wealth Management LLC bought a new stake in Fidelity Total Bond ETF in the 2nd quarter valued at $49,000.

Fidelity Total Bond ETF Stock Down 0.0%

FBND opened at $46.39 on Monday. The firm has a 50-day simple moving average of $46.41 and a two-hundred day simple moving average of $46.10. Fidelity Total Bond ETF has a 52 week low of $44.30 and a 52 week high of $46.86. The company has a market capitalization of $22.17 billion, a PE ratio of 8.94 and a beta of 0.28.

Fidelity Total Bond ETF Company 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.