Hoxton Planning & Management LLC Has $1.51 Million Stock Holdings in Fidelity Total Bond ETF $FBND

Hoxton Planning & Management LLC lifted its position in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 75.1% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 33,104 shares of the company’s stock after purchasing an additional 14,201 shares during the period. Hoxton Planning & Management LLC’s holdings in Fidelity Total Bond ETF were worth $1,510,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. KFG Wealth Management LLC raised its holdings in Fidelity Total Bond ETF by 9.2% in the 1st quarter. KFG Wealth Management LLC now owns 784,486 shares of the company’s stock valued at $35,788,000 after buying an additional 66,233 shares during the last quarter. Silver Oak Securities Incorporated raised its stake in shares of Fidelity Total Bond ETF by 6.9% during the first quarter. Silver Oak Securities Incorporated now owns 404,100 shares of the company’s stock valued at $18,435,000 after acquiring an additional 26,046 shares during the last quarter. Fiduciary Alliance LLC lifted its holdings in shares of Fidelity Total Bond ETF by 6.4% during the first quarter. Fiduciary Alliance LLC now owns 82,040 shares of the company’s stock worth $3,770,000 after purchasing an additional 4,903 shares during the period. Ritholtz Wealth Management increased its holdings in Fidelity Total Bond ETF by 3.9% in the first quarter. Ritholtz Wealth Management now owns 4,005,798 shares of the company’s stock valued at $182,745,000 after purchasing an additional 150,495 shares during the period. Finally, Watchman Group Inc. increased its holdings in Fidelity Total Bond ETF by 7.5% in the first quarter. Watchman Group Inc. now owns 442,443 shares of the company’s stock valued at $20,184,000 after purchasing an additional 30,902 shares during the period.

Fidelity Total Bond ETF Stock Up 0.5%

Shares of NYSEARCA:FBND opened at $45.76 on Thursday. The firm has a market cap of $25.64 billion, a P/E ratio of 8.94 and a beta of 0.27. Fidelity Total Bond ETF has a 12-month low of $44.82 and a 12-month high of $46.86. The business has a fifty day simple moving average of $45.59 and a 200 day simple moving average of $45.93.

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.