Fidelity Total Bond ETF (NYSEARCA:FBND) is TruWealth Advisors LLC’s 4th Largest Position

TruWealth Advisors LLC lifted its position in Fidelity Total Bond ETF (NYSEARCA:FBND) by 44.6% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,740,086 shares of the company’s stock after buying an additional 536,547 shares during the period. Fidelity Total Bond ETF makes up about 4.7% of TruWealth Advisors LLC’s portfolio, making the stock its 4th largest position. TruWealth Advisors LLC owned approximately 0.87% of Fidelity Total Bond ETF worth $78,078,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Mark Sheptoff Financial Planning LLC acquired a new position in Fidelity Total Bond ETF during the 3rd quarter valued at about $25,000. Northwest Investment Counselors LLC acquired a new position in shares of Fidelity Total Bond ETF during the third quarter valued at about $30,000. Highline Wealth Partners LLC purchased a new position in shares of Fidelity Total Bond ETF in the 3rd quarter valued at approximately $47,000. Darwin Wealth Management LLC acquired a new stake in Fidelity Total Bond ETF in the 3rd quarter worth approximately $54,000. Finally, Wilmington Savings Fund Society FSB purchased a new stake in Fidelity Total Bond ETF during the 3rd quarter worth approximately $87,000.

Fidelity Total Bond ETF Trading Down 0.0 %

NYSEARCA FBND opened at $44.92 on Friday. Fidelity Total Bond ETF has a 12-month low of $44.01 and a 12-month high of $47.30. The company has a fifty day simple moving average of $45.30 and a two-hundred day simple moving average of $45.85. The stock has a market cap of $8.96 billion, a P/E ratio of 8.85 and a beta of 0.19.

Fidelity Total Bond ETF 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.