19,397 Fidelity Total Bond ETF $FBND Shares Bought by Rede Wealth LLC

Rede Wealth LLC grew its stake in Fidelity Total Bond ETF (NYSEARCA:FBND) by 21.4% during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 110,151 shares of the company’s stock after purchasing an additional 19,397 shares during the quarter. Fidelity Total Bond ETF makes up approximately 1.6% of Rede Wealth LLC’s holdings, making the stock its 7th biggest holding. Rede Wealth LLC’s holdings in Fidelity Total Bond ETF were worth $4,770,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the stock. BIP Wealth LLC grew its stake in Fidelity Total Bond ETF by 17.9% in the third quarter. BIP Wealth LLC now owns 12,144 shares of the company’s stock worth $526,000 after purchasing an additional 1,845 shares in the last quarter. OLIO Financial Planning raised its stake in Fidelity Total Bond ETF by 3.9% during the third quarter. OLIO Financial Planning now owns 1,127,218 shares of the company’s stock valued at $48,809,000 after buying an additional 42,795 shares in the last quarter. CMH Wealth Management LLC raised its stake in Fidelity Total Bond ETF by 17.0% during the third quarter. CMH Wealth Management LLC now owns 245,083 shares of the company’s stock valued at $10,653,000 after buying an additional 35,556 shares in the last quarter. Brookstone Capital Management raised its stake in Fidelity Total Bond ETF by 10.4% during the third quarter. Brookstone Capital Management now owns 987,891 shares of the company’s stock valued at $42,776,000 after buying an additional 92,912 shares in the last quarter. Finally, Ledyard National Bank lifted its holdings in Fidelity Total Bond ETF by 165.1% during the 3rd quarter. Ledyard National Bank now owns 14,446 shares of the company’s stock worth $626,000 after buying an additional 8,996 shares during the last quarter.

Fidelity Total Bond ETF Stock Down 0.2%

NYSEARCA:FBND traded down $0.09 during trading hours on Friday, reaching $44.05. 3,416,478 shares of the stock were exchanged, compared to its average volume of 3,196,703. The stock has a market capitalization of $28.40 billion, a P/E ratio of 8.94 and a beta of 0.28. The firm has a 50 day simple moving average of $44.17 and a 200-day simple moving average of $44.99. Fidelity Total Bond ETF has a 52 week low of $43.11 and a 52 week 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.