Fidelity Total Bond ETF $FBND Holdings Lifted by InTrack Investment Management Inc

InTrack Investment Management Inc increased its stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 108.9% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 75,506 shares of the company’s stock after acquiring an additional 39,358 shares during the quarter. Fidelity Total Bond ETF comprises approximately 2.3% of InTrack Investment Management Inc’s portfolio, making the stock its 10th largest holding. InTrack Investment Management Inc’s holdings in Fidelity Total Bond ETF were worth $3,454,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Tritonpoint Wealth LLC raised its stake in Fidelity Total Bond ETF by 2.2% during the 2nd quarter. Tritonpoint Wealth LLC now owns 56,926 shares of the company’s stock worth $2,614,000 after acquiring an additional 1,239 shares in the last quarter. Diversified Trust Co acquired a new stake in Fidelity Total Bond ETF during the 2nd quarter worth $427,000. Beacon Capital Management LLC raised its stake in Fidelity Total Bond ETF by 84.6% during the 2nd quarter. Beacon Capital Management LLC now owns 4,549 shares of the company’s stock worth $208,000 after acquiring an additional 2,085 shares in the last quarter. Cerity Partners LLC raised its stake in Fidelity Total Bond ETF by 27.5% during the 1st quarter. Cerity Partners LLC now owns 8,008 shares of the company’s stock worth $366,000 after acquiring an additional 1,729 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC raised its stake in Fidelity Total Bond ETF by 1.8% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 150,385 shares of the company’s stock worth $6,862,000 after acquiring an additional 2,642 shares in the last quarter.

Fidelity Total Bond ETF Price Performance

Shares of NYSEARCA:FBND opened at $46.32 on Thursday. The company’s fifty day moving average price is $46.12 and its 200 day moving average price is $45.61. Fidelity Total Bond ETF has a 12 month low of $44.30 and a 12 month high of $46.75. The firm has a market capitalization of $21.27 billion, a P/E ratio of 8.94 and a beta of 0.17.

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.