373,590 Fidelity Total Bond ETF $FBND Shares Purchased by Ullmann Wealth Partners Group LLC

Ullmann Wealth Partners Group LLC increased its stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 25.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,856,413 shares of the company’s stock after acquiring an additional 373,590 shares during the quarter. Fidelity Total Bond ETF comprises approximately 7.2% of Ullmann Wealth Partners Group LLC’s portfolio, making the stock its 4th largest holding. Ullmann Wealth Partners Group LLC owned about 0.29% of Fidelity Total Bond ETF worth $80,383,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Bank of America Corp DE grew its holdings in shares of Fidelity Total Bond ETF by 6.3% during the first quarter. Bank of America Corp DE now owns 14,706,838 shares of the company’s stock worth $670,926,000 after purchasing an additional 871,672 shares during the last quarter. Envestnet Asset Management Inc. increased its position in shares of Fidelity Total Bond ETF by 7.9% during the second quarter. Envestnet Asset Management Inc. now owns 8,059,617 shares of the company’s stock worth $366,632,000 after purchasing an additional 587,351 shares in the last quarter. Cetera Investment Advisers lifted its holdings in shares of Fidelity Total Bond ETF by 15.9% in the 1st quarter. Cetera Investment Advisers now owns 6,801,133 shares of the company’s stock valued at $310,268,000 after purchasing an additional 930,834 shares during the last quarter. Sax Wealth Advisors LLC lifted its holdings in shares of Fidelity Total Bond ETF by 49.8% in the 3rd quarter. Sax Wealth Advisors LLC now owns 6,727,943 shares of the company’s stock valued at $291,320,000 after purchasing an additional 2,236,473 shares during the last quarter. Finally, Legacy Wealth Management LLC boosted its position in shares of Fidelity Total Bond ETF by 57.0% in the 2nd quarter. Legacy Wealth Management LLC now owns 5,495,432 shares of the company’s stock valued at $249,987,000 after purchasing an additional 1,995,732 shares during the period.

Fidelity Total Bond ETF Stock Up 0.2%

NYSEARCA:FBND opened at $44.38 on Friday. The stock’s 50 day moving average price is $44.02 and its 200 day moving average price is $45.23. The company has a market capitalization of $28.61 billion, a PE ratio of 8.94 and a beta of 0.28. Fidelity Total Bond ETF has a 52-week low of $43.11 and a 52-week high of $46.78.

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.