Integrated Wealthcare LLC purchased a new stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBND – Free Report) during the fourth quarter, HoldingsChannel reports. The fund purchased 194,620 shares of the company’s stock, valued at approximately $8,960,000. Fidelity Total Bond ETF comprises 7.5% of Integrated Wealthcare LLC’s holdings, making the stock its 4th largest holding.
A number of other institutional investors and hedge funds have also bought and sold shares of FBND. Rialto Wealth Management LLC bought a new stake in Fidelity Total Bond ETF during the fourth quarter valued at about $32,000. Caldwell Trust Co bought a new stake in Fidelity Total Bond ETF during the second quarter valued at about $34,000. Clearstead Advisors LLC bought a new stake in Fidelity Total Bond ETF during the third quarter valued at about $36,000. Maryland Capital Advisors Inc. raised its holdings 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 during the period. Finally, First Command Advisory Services Inc. bought a new stake in Fidelity Total Bond ETF during the third quarter valued at about $47,000.
Fidelity Total Bond ETF Stock Down 0.2%
NYSEARCA:FBND opened at $45.79 on Friday. The business’s 50-day simple moving average is $46.06 and its two-hundred day simple moving average is $46.24. The stock has a market cap of $25.17 billion, a PE ratio of 8.94 and a beta of 0.30. Fidelity Total Bond ETF has a 52 week low of $44.30 and a 52 week high of $46.86.
Fidelity Total Bond ETF Increases Dividend
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.
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