Fidelity Total Bond ETF $FBND Shares Bought by Harbour Investments Inc.

Harbour Investments Inc. grew its holdings in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 8.1% during the fourth quarter, Holdings Channel reports. The firm owned 441,646 shares of the company’s stock after acquiring an additional 33,076 shares during the quarter. Harbour Investments Inc.’s holdings in Fidelity Total Bond ETF were worth $20,333,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Rialto Wealth Management LLC bought a new position in shares of Fidelity Total Bond ETF during the fourth quarter worth about $32,000. Clearstead Advisors LLC bought a new position in shares of Fidelity Total Bond ETF during the third quarter worth about $36,000. Tucker Asset Management LLC bought a new position in shares of Fidelity Total Bond ETF during the fourth quarter worth about $37,000. First Command Advisory Services Inc. bought a new position in shares of Fidelity Total Bond ETF during the third quarter worth about $47,000. Finally, Fifth Third Bancorp grew its position in shares of Fidelity Total Bond ETF by 78.0% during the third quarter. Fifth Third Bancorp now owns 1,068 shares of the company’s stock worth $49,000 after acquiring an additional 468 shares during the last quarter.

Fidelity Total Bond ETF Stock Performance

Fidelity Total Bond ETF stock opened at $45.40 on Tuesday. The company has a 50-day simple moving average of $45.68 and a 200-day simple moving average of $46.07. The firm has a market capitalization of $25.44 billion, a P/E ratio of 8.94 and a beta of 0.28. Fidelity Total Bond ETF has a one year low of $44.82 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.