Fidelity Total Bond ETF $FBND Shares Acquired by Unique Wealth LLC

Unique Wealth LLC lifted its stake in Fidelity Total Bond ETF (NYSEARCA:FBND) by 19.8% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 167,117 shares of the company’s stock after buying an additional 27,661 shares during the quarter. Fidelity Total Bond ETF makes up 0.9% of Unique Wealth LLC’s holdings, making the stock its 28th largest position. Unique Wealth LLC’s holdings in Fidelity Total Bond ETF were worth $7,602,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of FBND. Morgan Stanley boosted its position in Fidelity Total Bond ETF by 16.2% in the 4th quarter. Morgan Stanley now owns 34,716,320 shares of the company’s stock worth $1,598,339,000 after purchasing an additional 4,830,198 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in shares of Fidelity Total Bond ETF by 3.9% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 89,517,143 shares of the company’s stock worth $4,139,273,000 after purchasing an additional 3,390,440 shares during the period. Align Financial LLC purchased a new position in shares of Fidelity Total Bond ETF during the 4th quarter valued at approximately $141,726,000. JPMorgan Chase & Co. increased its holdings in shares of Fidelity Total Bond ETF by 25.8% during the 4th quarter. JPMorgan Chase & Co. now owns 11,574,323 shares of the company’s stock valued at $532,882,000 after purchasing an additional 2,374,913 shares in the last quarter. Finally, Legacy Wealth Management LLC increased its holdings in shares of Fidelity Total Bond ETF by 57.0% during the 2nd quarter. Legacy Wealth Management LLC now owns 5,495,432 shares of the company’s stock valued at $249,987,000 after purchasing an additional 1,995,732 shares in the last quarter.

Fidelity Total Bond ETF Stock Performance

Shares of NYSEARCA FBND opened at $44.71 on Friday. The company’s fifty day moving average price is $45.06 and its 200 day moving average price is $45.53. Fidelity Total Bond ETF has a 1 year low of $44.59 and a 1 year high of $46.86. The company has a market capitalization of $27.09 billion, a PE ratio of 8.94 and a beta of 0.27.

Fidelity Total Bond ETF 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.