Larson Financial Group LLC Buys 48,083 Shares of Fidelity Total Bond ETF $FBND

Larson Financial Group LLC raised its stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 8.0% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 652,668 shares of the company’s stock after acquiring an additional 48,083 shares during the period. Fidelity Total Bond ETF makes up approximately 1.0% of Larson Financial Group LLC’s holdings, making the stock its 19th biggest position. Larson Financial Group LLC owned approximately 0.12% of Fidelity Total Bond ETF worth $30,049,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Dupree Financial Group LLC lifted its stake in Fidelity Total Bond ETF by 1.6% during the 4th quarter. Dupree Financial Group LLC now owns 14,135 shares of the company’s stock valued at $651,000 after acquiring an additional 219 shares during the period. Quadrant Capital Group LLC lifted its stake in Fidelity Total Bond ETF by 0.6% during the 3rd quarter. Quadrant Capital Group LLC now owns 38,010 shares of the company’s stock valued at $1,758,000 after acquiring an additional 220 shares during the period. RWA Wealth Partners LLC lifted its stake in Fidelity Total Bond ETF by 2.6% during the 3rd quarter. RWA Wealth Partners LLC now owns 9,628 shares of the company’s stock valued at $445,000 after acquiring an additional 241 shares during the period. Capital CS Group LLC lifted its stake in Fidelity Total Bond ETF by 4.8% during the 3rd quarter. Capital CS Group LLC now owns 6,224 shares of the company’s stock valued at $288,000 after acquiring an additional 286 shares during the period. Finally, Investment Advisory Group LLC lifted its stake in Fidelity Total Bond ETF by 0.4% during the 4th quarter. Investment Advisory Group LLC now owns 71,185 shares of the company’s stock valued at $3,277,000 after acquiring an additional 303 shares during the period.

Fidelity Total Bond ETF Stock Performance

FBND opened at $45.19 on Tuesday. The stock has a market capitalization of $25.32 billion, a P/E ratio of 8.94 and a beta of 0.28. The company’s 50-day simple moving average is $45.76 and its two-hundred day simple moving average is $46.10. Fidelity Total Bond ETF has a 52-week low of $44.73 and a 52-week 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.