Fidelity Total Bond ETF (NYSEARCA:FBND) Shares Bought by DeDora Capital Inc.

DeDora Capital Inc. grew its holdings in Fidelity Total Bond ETF (NYSEARCA:FBND) by 0.6% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 406,343 shares of the company’s stock after buying an additional 2,243 shares during the quarter. Fidelity Total Bond ETF accounts for approximately 5.0% of DeDora Capital Inc.’s holdings, making the stock its 4th biggest holding. DeDora Capital Inc. owned 0.20% of Fidelity Total Bond ETF worth $18,233,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Mark Sheptoff Financial Planning LLC acquired a new stake in shares of Fidelity Total Bond ETF during the 3rd quarter worth about $25,000. Northwest Investment Counselors LLC acquired a new stake in shares of Fidelity Total Bond ETF during the 3rd quarter worth about $30,000. Highline Wealth Partners LLC acquired a new stake in shares of Fidelity Total Bond ETF during the 3rd quarter worth about $47,000. Darwin Wealth Management LLC acquired a new stake in shares of Fidelity Total Bond ETF during the 3rd quarter worth about $54,000. Finally, Wilmington Savings Fund Society FSB acquired a new stake in shares of Fidelity Total Bond ETF during the 3rd quarter worth about $87,000.

Fidelity Total Bond ETF Stock Up 0.4 %

Shares of Fidelity Total Bond ETF stock opened at $45.32 on Friday. Fidelity Total Bond ETF has a 12-month low of $44.01 and a 12-month high of $47.30. The company has a 50-day simple moving average of $45.10 and a 200 day simple moving average of $45.81. The stock has a market capitalization of $9.04 billion, a P/E ratio of 8.85 and a beta of 0.19.

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.