Fidelity Total Bond ETF $FBND Shares Purchased by Shakespeare Wealth Management LLC

Shakespeare Wealth Management LLC raised its holdings in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 3.9% in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 978,216 shares of the company’s stock after acquiring an additional 36,991 shares during the period. Fidelity Total Bond ETF makes up 8.2% of Shakespeare Wealth Management LLC’s holdings, making the stock its 3rd largest position. Shakespeare Wealth Management LLC’s holdings in Fidelity Total Bond ETF were worth $42,357,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in the stock. D.A. Davidson & CO. increased its holdings in Fidelity Total Bond ETF by 6.4% in the third quarter. D.A. Davidson & CO. now owns 421,228 shares of the company’s stock valued at $18,239,000 after purchasing an additional 25,358 shares during the last quarter. VestGen Advisors LLC grew its position in shares of Fidelity Total Bond ETF by 5.0% during the 3rd quarter. VestGen Advisors LLC now owns 32,703 shares of the company’s stock worth $1,416,000 after buying an additional 1,554 shares during the period. Armor Investment Advisors LLC grew its position in shares of Fidelity Total Bond ETF by 32.5% during the 3rd quarter. Armor Investment Advisors LLC now owns 172,397 shares of the company’s stock worth $7,465,000 after buying an additional 42,242 shares during the period. Victory Financial Group LLC grew its position in shares of Fidelity Total Bond ETF by 5.1% during the 3rd quarter. Victory Financial Group LLC now owns 151,952 shares of the company’s stock worth $6,580,000 after buying an additional 7,372 shares during the period. Finally, Latitude Advisors LLC increased its stake in shares of Fidelity Total Bond ETF by 14.0% in the 3rd quarter. Latitude Advisors LLC now owns 23,383 shares of the company’s stock valued at $1,012,000 after acquiring an additional 2,877 shares during the last quarter.

Fidelity Total Bond ETF Price Performance

Shares of FBND stock opened at $44.06 on Thursday. The stock has a market cap of $28.41 billion, a PE ratio of 8.94 and a beta of 0.28. The stock has a 50-day moving average of $44.12 and a 200-day moving average of $45.29. Fidelity Total Bond ETF has a one year low of $43.11 and a one year high of $46.84.

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.