Vise Technologies Inc. Takes $1.78 Million Position in Fidelity Total Bond ETF $FBND

Vise Technologies Inc. bought a new stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 38,567 shares of the company’s stock, valued at approximately $1,776,000.

Several other institutional investors have also recently made changes to their positions in FBND. Cerity Partners LLC grew its stake in Fidelity Total Bond ETF by 400.5% in the 2nd quarter. Cerity Partners LLC now owns 40,079 shares of the company’s stock valued at $1,834,000 after acquiring an additional 32,071 shares during the period. Betterment LLC grew its stake in Fidelity Total Bond ETF by 2.7% in the 2nd quarter. Betterment LLC now owns 97,501 shares of the company’s stock valued at $4,461,000 after acquiring an additional 2,597 shares during the period. Darwin Wealth Management LLC acquired a new stake in Fidelity Total Bond ETF in the 2nd quarter valued at $49,000. Graney & King LLC grew its stake in Fidelity Total Bond ETF by 7.3% in the 2nd quarter. Graney & King LLC now owns 50,169 shares of the company’s stock valued at $2,295,000 after acquiring an additional 3,402 shares during the period. Finally, Ameriprise Financial Inc. grew its stake in Fidelity Total Bond ETF by 40.9% in the 2nd quarter. Ameriprise Financial Inc. now owns 6,626 shares of the company’s stock valued at $303,000 after acquiring an additional 1,924 shares during the period.

Fidelity Total Bond ETF Stock Performance

Fidelity Total Bond ETF stock opened at $45.29 on Monday. The company’s fifty day moving average price is $45.63 and its 200 day moving average price is $46.01. Fidelity Total Bond ETF has a 1 year low of $44.82 and a 1 year high of $46.86. The stock has a market capitalization of $25.38 billion, a P/E ratio of 8.94 and a beta of 0.27.

About Fidelity Total Bond ETF

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.