RDA Financial Network Boosts Holdings in Fidelity Total Bond ETF $FBND

RDA Financial Network boosted its holdings in Fidelity Total Bond ETF (NYSEARCA:FBND) by 10.4% in the 2nd quarter, HoldingsChannel reports. The firm owned 128,789 shares of the company’s stock after purchasing an additional 12,125 shares during the quarter. Fidelity Total Bond ETF makes up approximately 1.3% of RDA Financial Network’s portfolio, making the stock its 14th largest holding. RDA Financial Network’s holdings in Fidelity Total Bond ETF were worth $5,859,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also added to or reduced their stakes in FBND. Dupree Financial Group LLC lifted its holdings in shares of Fidelity Total Bond ETF by 1.6% in the fourth quarter. Dupree Financial Group LLC now owns 14,135 shares of the company’s stock worth $651,000 after buying an additional 219 shares in the last quarter. Signature Equity Partners LLC boosted its position in shares of Fidelity Total Bond ETF by 5.4% during the first quarter. Signature Equity Partners LLC now owns 4,739 shares of the company’s stock worth $216,000 after acquiring an additional 244 shares during the last quarter. Insight Advisors LLC PA grew its stake in Fidelity Total Bond ETF by 1.6% during the first quarter. Insight Advisors LLC PA now owns 17,988 shares of the company’s stock valued at $821,000 after acquiring an additional 291 shares in the last quarter. Investment Advisory Group LLC grew its stake in Fidelity Total Bond ETF by 0.4% during the fourth 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 in the last quarter. Finally, Keystone Financial Group increased its holdings in Fidelity Total Bond ETF by 3.1% in the 3rd quarter. Keystone Financial Group now owns 10,317 shares of the company’s stock valued at $477,000 after acquiring an additional 315 shares during the last quarter.

Fidelity Total Bond ETF Stock Up 0.2%

Shares of FBND stock opened at $44.83 on Tuesday. The stock has a market cap of $27.16 billion, a P/E ratio of 8.94 and a beta of 0.27. Fidelity Total Bond ETF has a 52 week low of $44.65 and a 52 week high of $46.86. The company’s fifty day simple moving average is $45.35 and its two-hundred day simple moving average is $45.74.

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.