OLIO Financial Planning Has $49.33 Million Stake in Fidelity Total Bond ETF $FBND

OLIO Financial Planning lifted its stake in Fidelity Total Bond ETF (NYSEARCA:FBND) by 6.5% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,084,423 shares of the company’s stock after purchasing an additional 66,217 shares during the period. Fidelity Total Bond ETF accounts for about 12.2% of OLIO Financial Planning’s investment portfolio, making the stock its 4th biggest holding. OLIO Financial Planning owned about 0.18% of Fidelity Total Bond ETF worth $49,330,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of FBND. Cerity Partners LLC grew its holdings in shares of Fidelity Total Bond ETF by 400.5% during the 2nd quarter. Cerity Partners LLC now owns 40,079 shares of the company’s stock worth $1,834,000 after acquiring an additional 32,071 shares during the period. Betterment LLC grew its stake in Fidelity Total Bond ETF by 2.7% in the second quarter. Betterment LLC now owns 97,501 shares of the company’s stock worth $4,461,000 after purchasing an additional 2,597 shares during the period. Darwin Wealth Management LLC purchased a new stake in Fidelity Total Bond ETF in the second quarter worth $49,000. Graney & King LLC raised its holdings in Fidelity Total Bond ETF by 7.3% in the second quarter. Graney & King LLC now owns 50,169 shares of the company’s stock worth $2,295,000 after purchasing an additional 3,402 shares in the last quarter. Finally, Ameriprise Financial Inc. raised its holdings in Fidelity Total Bond ETF by 40.9% in the second quarter. Ameriprise Financial Inc. now owns 6,626 shares of the company’s stock worth $303,000 after purchasing an additional 1,924 shares in the last quarter.

Fidelity Total Bond ETF Trading Up 0.3%

Shares of Fidelity Total Bond ETF stock opened at $45.04 on Friday. Fidelity Total Bond ETF has a 12 month low of $44.65 and a 12 month high of $46.86. The firm has a market capitalization of $27.29 billion, a P/E ratio of 8.94 and a beta of 0.27. The business has a fifty day simple moving average of $45.27 and a two-hundred day simple moving average of $45.67.

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.