Global Retirement Partners LLC Purchases 163,140 Shares of Fidelity Total Bond ETF $FBND

Global Retirement Partners LLC boosted its position in Fidelity Total Bond ETF (NYSEARCA:FBND) by 29.3% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 719,427 shares of the company’s stock after purchasing an additional 163,140 shares during the quarter. Fidelity Total Bond ETF comprises 0.7% of Global Retirement Partners LLC’s investment portfolio, making the stock its 23rd biggest position. Global Retirement Partners LLC’s holdings in Fidelity Total Bond ETF were worth $33,266,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of FBND. McGlone Suttner Wealth Management Inc. boosted its position in shares of Fidelity Total Bond ETF by 2.2% during the 3rd quarter. McGlone Suttner Wealth Management Inc. now owns 986,032 shares of the company’s stock valued at $45,594,000 after acquiring an additional 21,091 shares during the last quarter. Family Capital Management Inc. raised its stake in Fidelity Total Bond ETF by 3.1% in the second quarter. Family Capital Management Inc. now owns 73,066 shares of the company’s stock valued at $3,343,000 after purchasing an additional 2,163 shares in the last quarter. Dynamic Advisor Solutions LLC raised its stake in Fidelity Total Bond ETF by 4.5% in the third quarter. Dynamic Advisor Solutions LLC now owns 988,443 shares of the company’s stock valued at $45,706,000 after purchasing an additional 42,304 shares in the last quarter. Weatherly Asset Management L. P. lifted its position in Fidelity Total Bond ETF by 8.6% during the third quarter. Weatherly Asset Management L. P. now owns 840,368 shares of the company’s stock valued at $38,980,000 after purchasing an additional 66,885 shares during the last quarter. Finally, Beta Wealth Group Inc. grew its stake in Fidelity Total Bond ETF by 3.6% in the 2nd quarter. Beta Wealth Group Inc. now owns 62,337 shares of the company’s stock worth $2,852,000 after buying an additional 2,195 shares in the last quarter.

Fidelity Total Bond ETF Price Performance

Shares of NYSEARCA:FBND opened at $46.04 on Friday. The company’s fifty day moving average price is $46.35 and its 200-day moving average price is $46.12. The firm has a market capitalization of $22.00 billion, a price-to-earnings ratio of 8.94 and a beta of 0.28. Fidelity Total Bond ETF has a one year low of $44.30 and a one year 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.