Fidelity Total Bond ETF $FBND Stock: OLIO Financial Planning Raises Stake

OLIO Financial Planning increased its holdings in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 3.9% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,127,218 shares of the company’s stock after acquiring an additional 42,795 shares during the quarter. Fidelity Total Bond ETF comprises 12.1% of OLIO Financial Planning’s portfolio, making the stock its 4th biggest holding. OLIO Financial Planning’s holdings in Fidelity Total Bond ETF were worth $48,809,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the business. GHP Investment Advisors Inc. bought a new position in Fidelity Total Bond ETF during the first quarter worth $25,000. Community Financial Services Group LLC acquired a new position in shares of Fidelity Total Bond ETF in the second quarter valued at $32,000. Maryland Capital Advisors Inc. acquired a new position in shares of Fidelity Total Bond ETF in the second quarter valued at $37,000. Manning & Napier Advisors LLC bought a new position in shares of Fidelity Total Bond ETF in the first quarter valued at about $53,000. Finally, Sound Income Strategies LLC raised its position in shares of Fidelity Total Bond ETF by 180.6% in the first quarter. Sound Income Strategies LLC now owns 1,316 shares of the company’s stock valued at $60,000 after purchasing an additional 847 shares during the period.

Fidelity Total Bond ETF Stock Down 0.2%

Shares of NYSEARCA FBND traded down $0.09 during mid-day trading on Friday, reaching $44.05. 3,416,478 shares of the company were exchanged, compared to its average volume of 3,196,703. The company’s 50-day simple moving average is $44.17 and its 200-day simple moving average is $44.99. The stock has a market capitalization of $28.40 billion, a P/E ratio of 8.94 and a beta of 0.28. Fidelity Total Bond ETF has a twelve month low of $43.11 and a twelve month high of $46.86.

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.