Fidelity Total Bond ETF (NYSEARCA:FBND) Shares Acquired by Falcon Wealth Planning

Falcon Wealth Planning grew its position in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 2.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,109,388 shares of the company’s stock after purchasing an additional 22,470 shares during the quarter. Fidelity Total Bond ETF makes up 5.5% of Falcon Wealth Planning’s holdings, making the stock its 4th biggest holding. Falcon Wealth Planning’s holdings in Fidelity Total Bond ETF were worth $49,778,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Renaissance Technologies LLC acquired a new stake in Fidelity Total Bond ETF in the second quarter valued at $2,687,000. Bank of Montreal Can increased its stake in shares of Fidelity Total Bond ETF by 17.9% in the second quarter. Bank of Montreal Can now owns 9,217 shares of the company’s stock valued at $419,000 after buying an additional 1,397 shares during the period. Susquehanna International Group LLP raised its position in shares of Fidelity Total Bond ETF by 2,296.1% during the second quarter. Susquehanna International Group LLP now owns 278,262 shares of the company’s stock worth $12,502,000 after acquiring an additional 266,649 shares during the last quarter. Creative Planning lifted its stake in shares of Fidelity Total Bond ETF by 3.3% in the second quarter. Creative Planning now owns 75,020 shares of the company’s stock worth $3,371,000 after acquiring an additional 2,380 shares during the period. Finally, Gateway Wealth Partners LLC boosted its holdings in Fidelity Total Bond ETF by 14.9% in the second quarter. Gateway Wealth Partners LLC now owns 8,459 shares of the company’s stock valued at $380,000 after acquiring an additional 1,100 shares during the last quarter.

Fidelity Total Bond ETF Stock Performance

Fidelity Total Bond ETF stock opened at $45.19 on Wednesday. The firm has a market cap of $9.02 billion, a price-to-earnings ratio of 8.85 and a beta of 0.19. Fidelity Total Bond ETF has a 52-week low of $44.01 and a 52-week high of $47.30. The firm has a 50 day moving average price of $45.25 and a two-hundred day moving average price of $45.85.

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.