Fidelity Total Bond ETF $FBND Stake Lifted by OmniStar Financial Group Inc.

OmniStar Financial Group Inc. grew its stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 10.0% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 158,797 shares of the company’s stock after acquiring an additional 14,488 shares during the period. Fidelity Total Bond ETF comprises 5.4% of OmniStar Financial Group Inc.’s investment portfolio, making the stock its 2nd biggest position. OmniStar Financial Group Inc.’s holdings in Fidelity Total Bond ETF were worth $7,265,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently modified their holdings of FBND. Northwestern Mutual Wealth Management Co. grew its holdings in Fidelity Total Bond ETF by 10.6% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 81,162,777 shares of the company’s stock valued at $3,705,081,000 after purchasing an additional 7,778,802 shares during the period. JPMorgan Chase & Co. grew its stake in shares of Fidelity Total Bond ETF by 42.2% during the 1st quarter. JPMorgan Chase & Co. now owns 10,231,902 shares of the company’s stock worth $467,086,000 after acquiring an additional 3,037,583 shares during the period. Ritholtz Wealth Management raised its stake in Fidelity Total Bond ETF by 64.3% in the 2nd quarter. Ritholtz Wealth Management now owns 3,610,928 shares of the company’s stock valued at $165,200,000 after acquiring an additional 1,412,766 shares during the period. Jane Street Group LLC raised its stake in Fidelity Total Bond ETF by 8,037.4% in the 1st quarter. Jane Street Group LLC now owns 1,260,488 shares of the company’s stock valued at $57,541,000 after acquiring an additional 1,244,998 shares during the period. Finally, Prudent Investors Network Inc. purchased a new stake in Fidelity Total Bond ETF during the first quarter valued at about $41,459,000.

Fidelity Total Bond ETF Stock Down 0.2%

FBND opened at $46.25 on Friday. The company has a market capitalization of $22.10 billion, a price-to-earnings ratio of 8.94 and a beta of 0.28. The firm has a 50-day moving average price of $46.47 and a 200-day moving average price of $45.84. Fidelity Total Bond ETF has a twelve month low of $44.30 and a twelve month high of $46.86.

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.