Fidelity Total Bond ETF (NYSEARCA:FBND) Stock Position Increased by EnRich Financial Partners LLC

EnRich Financial Partners LLC grew its position in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 6.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 379,749 shares of the company’s stock after purchasing an additional 24,344 shares during the period. Fidelity Total Bond ETF makes up approximately 5.9% of EnRich Financial Partners LLC’s investment portfolio, making the stock its 7th biggest position. EnRich Financial Partners LLC’s holdings in Fidelity Total Bond ETF were worth $17,749,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in FBND. Country Trust Bank lifted its position in Fidelity Total Bond ETF by 12.7% during the second quarter. Country Trust Bank now owns 5,960,744 shares of the company’s stock valued at $267,816,000 after purchasing an additional 672,872 shares during the last quarter. RFG Advisory LLC lifted its holdings in shares of Fidelity Total Bond ETF by 9.6% in the 3rd quarter. RFG Advisory LLC now owns 4,042,746 shares of the company’s stock valued at $188,958,000 after acquiring an additional 353,138 shares during the last quarter. Envestnet Asset Management Inc. grew its position in Fidelity Total Bond ETF by 27.5% in the second quarter. Envestnet Asset Management Inc. now owns 3,824,123 shares of the company’s stock worth $171,818,000 after acquiring an additional 825,448 shares in the last quarter. Mather Group LLC. increased its stake in Fidelity Total Bond ETF by 4,145.0% during the third quarter. Mather Group LLC. now owns 3,544,982 shares of the company’s stock worth $165,692,000 after acquiring an additional 3,461,472 shares during the last quarter. Finally, Legacy Wealth Management Inc raised its position in Fidelity Total Bond ETF by 2.2% during the third quarter. Legacy Wealth Management Inc now owns 2,937,256 shares of the company’s stock valued at $137,287,000 after purchasing an additional 62,805 shares during the period.

Fidelity Total Bond ETF Stock Performance

Shares of Fidelity Total Bond ETF stock opened at $45.38 on Tuesday. The stock has a market cap of $9.06 billion, a price-to-earnings ratio of 8.85 and a beta of 0.19. The stock has a 50 day moving average price of $46.22 and a 200-day moving average price of $45.76. Fidelity Total Bond ETF has a one year low of $44.01 and a one year high of $47.30.

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.