RCS Financial Planning LLC Has $16.86 Million Stock Position in Fidelity Total Bond ETF $FBND

RCS Financial Planning LLC increased its position in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 4.1% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 368,095 shares of the company’s stock after purchasing an additional 14,331 shares during the quarter. Fidelity Total Bond ETF makes up approximately 8.7% of RCS Financial Planning LLC’s holdings, making the stock its 3rd biggest holding. RCS Financial Planning LLC’s holdings in Fidelity Total Bond ETF were worth $16,858,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Financial Management Network Inc. increased its holdings in shares of Fidelity Total Bond ETF by 20.3% in the fourth quarter. Financial Management Network Inc. now owns 123,217 shares of the company’s stock valued at $5,673,000 after purchasing an additional 20,803 shares in the last quarter. Sunburst Financial Group LLC lifted its holdings in Fidelity Total Bond ETF by 2.6% during the 4th quarter. Sunburst Financial Group LLC now owns 1,110,436 shares of the company’s stock worth $51,124,000 after buying an additional 28,089 shares in the last quarter. Genesis Private Wealth LLC increased its stake in shares of Fidelity Total Bond ETF by 9.0% in the 4th quarter. Genesis Private Wealth LLC now owns 315,452 shares of the company’s stock valued at $14,523,000 after buying an additional 26,093 shares during the period. OLIO Financial Planning raised its position in shares of Fidelity Total Bond ETF by 5.8% during the fourth quarter. OLIO Financial Planning now owns 975,741 shares of the company’s stock worth $44,923,000 after acquiring an additional 53,318 shares during the last quarter. Finally, Capital Wealth Management LLC raised its position in shares of Fidelity Total Bond ETF by 9.3% during the first quarter. Capital Wealth Management LLC now owns 625,513 shares of the company’s stock worth $28,536,000 after acquiring an additional 53,398 shares during the last quarter.

Fidelity Total Bond ETF Stock Performance

Shares of NYSEARCA:FBND opened at $45.76 on Friday. Fidelity Total Bond ETF has a 1-year low of $44.82 and a 1-year high of $46.86. The stock has a market capitalization of $25.64 billion, a P/E ratio of 8.94 and a beta of 0.27. The business has a 50-day moving average price of $45.58 and a two-hundred day moving average price of $45.93.

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.