Hunter Associates Investment Management LLC Buys 63,332 Shares of Fidelity Total Bond ETF (NYSEARCA:FBND)

Hunter Associates Investment Management LLC increased its stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 21.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 362,890 shares of the company’s stock after purchasing an additional 63,332 shares during the quarter. Fidelity Total Bond ETF accounts for approximately 2.5% of Hunter Associates Investment Management LLC’s holdings, making the stock its 7th biggest position. Hunter Associates Investment Management LLC owned approximately 0.18% of Fidelity Total Bond ETF worth $16,262,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Mather Group LLC. lifted its stake in shares of Fidelity Total Bond ETF by 4,145.0% in the 3rd 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 period. Crane Advisory LLC purchased a new position in Fidelity Total Bond ETF during the third quarter worth about $50,363,000. Thrivent Financial for Lutherans raised its holdings in Fidelity Total Bond ETF by 85.1% during the third quarter. Thrivent Financial for Lutherans now owns 2,159,030 shares of the company’s stock worth $100,976,000 after purchasing an additional 992,739 shares in the last quarter. McKinley Carter Wealth Services Inc. lifted its position in Fidelity Total Bond ETF by 256.5% in the third quarter. McKinley Carter Wealth Services Inc. now owns 1,355,457 shares of the company’s stock valued at $63,354,000 after purchasing an additional 975,262 shares during the period. Finally, Fermata Advisors LLC boosted its holdings in Fidelity Total Bond ETF by 771.5% in the 3rd quarter. Fermata Advisors LLC now owns 1,046,658 shares of the company’s stock valued at $48,921,000 after purchasing an additional 926,557 shares in the last quarter.

Fidelity Total Bond ETF Trading Down 0.2 %

Shares of FBND stock opened at $45.08 on Friday. The stock has a 50 day simple moving average of $45.24 and a 200-day simple moving average of $45.84. The company has a market cap of $9.00 billion, a price-to-earnings ratio of 8.85 and a beta of 0.19. Fidelity Total Bond ETF has a 12-month low of $44.01 and a 12-month 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.