Seelaus Asset Management LLC Buys 1,150 Shares of Fidelity Total Bond ETF (NYSEARCA:FBND)

Seelaus Asset Management LLC boosted its stake in Fidelity Total Bond ETF (NYSEARCA:FBND) by 16.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 8,060 shares of the company’s stock after purchasing an additional 1,150 shares during the quarter. Seelaus Asset Management LLC’s holdings in Fidelity Total Bond ETF were worth $362,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of FBND. Sanctuary Advisors LLC acquired a new stake in shares of Fidelity Total Bond ETF in the 2nd quarter valued at about $646,000. Daymark Wealth Partners LLC bought a new position in Fidelity Total Bond ETF in the third quarter worth approximately $266,000. Walker Financial Services Inc. bought a new position in Fidelity Total Bond ETF in the third quarter worth approximately $13,859,000. Red Mountain Financial LLC grew its stake in Fidelity Total Bond ETF by 6.2% in the third quarter. Red Mountain Financial LLC now owns 85,286 shares of the company’s stock valued at $3,986,000 after acquiring an additional 4,978 shares during the period. Finally, LongView Wealth Management increased its holdings in shares of Fidelity Total Bond ETF by 38.2% during the third quarter. LongView Wealth Management now owns 144,459 shares of the company’s stock valued at $6,752,000 after acquiring an additional 39,935 shares in the last quarter.

Fidelity Total Bond ETF Stock Down 0.4 %

Shares of NYSEARCA:FBND opened at $45.19 on Friday. The stock’s 50 day moving average is $45.17 and its 200-day moving average is $45.82. Fidelity Total Bond ETF has a twelve month low of $44.01 and a twelve month high of $47.30. The firm has a market capitalization of $9.02 billion, a price-to-earnings ratio of 8.85 and a beta of 0.19.

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.