Fidelity Total Bond ETF $FBND Stock Holdings Increased by SilverOak Wealth Management LLC

SilverOak Wealth Management LLC lifted its stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 172.1% in the third quarter, according to the company in its most recent filing with the SEC. The fund owned 593,143 shares of the company’s stock after buying an additional 375,144 shares during the quarter. Fidelity Total Bond ETF comprises about 3.1% of SilverOak Wealth Management LLC’s portfolio, making the stock its 9th largest holding. SilverOak Wealth Management LLC’s holdings in Fidelity Total Bond ETF were worth $25,683,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of FBND. Traynor Capital Management Inc. lifted its position in Fidelity Total Bond ETF by 34.8% during the third quarter. Traynor Capital Management Inc. now owns 21,739 shares of the company’s stock worth $941,000 after acquiring an additional 5,610 shares during the last quarter. DecisionMap Wealth Management LLC grew its position in shares of Fidelity Total Bond ETF by 11.5% in the third quarter. DecisionMap Wealth Management LLC now owns 104,190 shares of the company’s stock valued at $4,511,000 after purchasing an additional 10,784 shares during the last quarter. Ipsen Advisor Group LLC grew its position in shares of Fidelity Total Bond ETF by 1.7% in the third quarter. Ipsen Advisor Group LLC now owns 110,109 shares of the company’s stock valued at $4,768,000 after purchasing an additional 1,860 shares during the last quarter. Vise Technologies Inc. grew its position in shares of Fidelity Total Bond ETF by 128.5% in the third quarter. Vise Technologies Inc. now owns 347,182 shares of the company’s stock valued at $15,033,000 after purchasing an additional 195,216 shares during the last quarter. Finally, Coyle Financial Counsel LLC grew its position in shares of Fidelity Total Bond ETF by 13.5% in the third quarter. Coyle Financial Counsel LLC now owns 939,278 shares of the company’s stock valued at $40,671,000 after purchasing an additional 111,607 shares during the last quarter.

Fidelity Total Bond ETF Stock Performance

Shares of NYSEARCA FBND opened at $44.16 on Monday. The firm has a market cap of $28.47 billion, a P/E ratio of 8.94 and a beta of 0.28. Fidelity Total Bond ETF has a 1-year low of $43.11 and a 1-year high of $46.78. The business’s 50 day moving average is $44.09 and its 200-day moving average is $45.27.

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.