Gould Asset Management LLC CA Acquires New Position in Fidelity Total Bond ETF $FBND

Gould Asset Management LLC CA bought a new position in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 12,245 shares of the company’s stock, valued at approximately $564,000.

Other hedge funds have also modified their holdings of the company. Cerity Partners LLC boosted its holdings 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 worth $1,834,000 after buying an additional 32,071 shares during the period. Betterment LLC lifted its position in shares of Fidelity Total Bond ETF by 2.7% in the second 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 in the last quarter. Darwin Wealth Management LLC bought a new position in shares of Fidelity Total Bond ETF in the second quarter worth about $49,000. Graney & King LLC grew its position in shares of Fidelity Total Bond ETF by 7.3% during the second quarter. Graney & King LLC now owns 50,169 shares of the company’s stock worth $2,295,000 after purchasing an additional 3,402 shares in the last quarter. Finally, Ameriprise Financial Inc. grew its position in shares of Fidelity Total Bond ETF by 40.9% during the second quarter. Ameriprise Financial Inc. now owns 6,626 shares of the company’s stock worth $303,000 after purchasing an additional 1,924 shares in the last quarter.

Fidelity Total Bond ETF Trading Up 0.1%

NYSEARCA FBND opened at $45.58 on Tuesday. Fidelity Total Bond ETF has a 12 month low of $44.82 and a 12 month high of $46.86. The stock has a market cap of $25.54 billion, a PE ratio of 8.94 and a beta of 0.27. The stock’s 50 day moving average is $45.61 and its 200 day moving average is $45.97.

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.