Parcion Private Wealth LLC Has $6.11 Million Stake in Fidelity Total Bond ETF (NYSEARCA:FBND)

Parcion Private Wealth LLC lifted its holdings in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 3.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 136,122 shares of the company’s stock after purchasing an additional 5,098 shares during the quarter. Parcion Private Wealth LLC owned 0.07% of Fidelity Total Bond ETF worth $6,108,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the business. Aspect Partners LLC acquired a new stake in shares of Fidelity Total Bond ETF during the fourth quarter worth about $139,000. Concurrent Investment Advisors LLC raised its position in shares of Fidelity Total Bond ETF by 3.6% during the fourth quarter. Concurrent Investment Advisors LLC now owns 81,543 shares of the company’s stock worth $3,659,000 after purchasing an additional 2,851 shares during the period. WealthBridge Capital Management LLC raised its position in shares of Fidelity Total Bond ETF by 23.4% during the fourth quarter. WealthBridge Capital Management LLC now owns 18,170 shares of the company’s stock worth $815,000 after purchasing an additional 3,450 shares during the period. Strata Wealth Advisors LLC raised its position in shares of Fidelity Total Bond ETF by 25.0% during the fourth quarter. Strata Wealth Advisors LLC now owns 8,777 shares of the company’s stock worth $394,000 after purchasing an additional 1,754 shares during the period. Finally, Pasadena Private Wealth LLC raised its position in shares of Fidelity Total Bond ETF by 5.2% during the fourth quarter. Pasadena Private Wealth LLC now owns 284,869 shares of the company’s stock worth $12,782,000 after purchasing an additional 14,008 shares during the period.

Fidelity Total Bond ETF Stock Performance

NYSEARCA:FBND opened at $45.20 on Thursday. The company has a market cap of $9.02 billion, a PE 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 stock has a 50-day simple moving average of $45.05 and a 200 day simple moving average of $45.79.

Fidelity Total Bond ETF 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.