Hunter Associates Investment Management LLC Increases Stock Position in Fidelity Total Bond ETF (NYSEARCA:FBND)

Hunter Associates Investment Management LLC boosted its stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBNDFree Report) by 21.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 172,565 shares of the company’s stock after buying an additional 30,431 shares during the quarter. Fidelity Total Bond ETF accounts for about 1.5% of Hunter Associates Investment Management LLC’s holdings, making the stock its 17th biggest holding. Hunter Associates Investment Management LLC owned approximately 0.18% of Fidelity Total Bond ETF worth $7,943,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently bought and sold shares of the company. Financial Management Professionals Inc. purchased a new position in Fidelity Total Bond ETF during the fourth quarter worth about $25,000. NBC Securities Inc. acquired a new position in shares of Fidelity Total Bond ETF in the third quarter valued at approximately $27,000. Money Concepts Capital Corp acquired a new position in shares of Fidelity Total Bond ETF in the fourth quarter valued at approximately $46,000. Retirement Group LLC acquired a new position in shares of Fidelity Total Bond ETF in the second quarter valued at approximately $50,000. Finally, Sound Income Strategies LLC acquired a new position in shares of Fidelity Total Bond ETF in the fourth quarter valued at approximately $74,000.

Fidelity Total Bond ETF Stock Performance

Shares of FBND stock opened at $44.24 on Friday. The stock has a market capitalization of $8.77 billion, a P/E ratio of 8.76 and a beta of 0.15. The company has a 50 day moving average price of $45.04 and a 200 day moving average price of $44.78. Fidelity Total Bond ETF has a fifty-two week low of $42.45 and a fifty-two week high of $46.38.

Fidelity Total Bond ETF Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Fidelity Total Bond ETF (NYSEARCA:FBND)

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