Fidelity Total Bond ETF $FBND Holdings Lifted by Linscomb Wealth Inc.

Linscomb Wealth Inc. increased its stake in Fidelity Total Bond ETF (NYSEARCA:FBND) by 13.4% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 336,527 shares of the company’s stock after acquiring an additional 39,709 shares during the quarter. Fidelity Total Bond ETF makes up 0.7% of Linscomb Wealth Inc.’s holdings, making the stock its 27th largest holding. Linscomb Wealth Inc. owned about 0.06% of Fidelity Total Bond ETF worth $15,494,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also modified their holdings of the company. Rialto Wealth Management LLC acquired a new position in shares of Fidelity Total Bond ETF in the 4th quarter worth $32,000. Clearstead Advisors LLC acquired a new position in shares of Fidelity Total Bond ETF in the 3rd quarter worth $36,000. Tucker Asset Management LLC acquired a new position in shares of Fidelity Total Bond ETF in the 4th quarter worth $37,000. Key Capital Management INC acquired a new position in shares of Fidelity Total Bond ETF in the 4th quarter worth $49,000. Finally, Fifth Third Bancorp grew its holdings in shares of Fidelity Total Bond ETF by 78.0% in the 3rd quarter. Fifth Third Bancorp now owns 1,068 shares of the company’s stock worth $49,000 after acquiring an additional 468 shares during the last quarter.

Fidelity Total Bond ETF Stock Down 0.2%

Shares of NYSEARCA FBND opened at $45.47 on Friday. The stock has a market capitalization of $25.48 billion, a price-to-earnings ratio of 8.94 and a beta of 0.28. The stock’s fifty day simple moving average is $45.66 and its 200 day simple moving average is $46.05. Fidelity Total Bond ETF has a 52-week low of $44.82 and a 52-week high of $46.86.

Fidelity Total Bond ETF 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.