5,282 Shares in Fidelity Total Bond ETF (NYSEARCA:FBND) Acquired by Precedent Wealth Partners LLC

Precedent Wealth Partners LLC acquired a new stake in Fidelity Total Bond ETF (NYSEARCA:FBND) during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 5,282 shares of the company’s stock, valued at approximately $247,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in FBND. PNC Financial Services Group Inc. acquired a new position in Fidelity Total Bond ETF in the 4th quarter worth about $58,000. Park Avenue Securities LLC raised its position in Fidelity Total Bond ETF by 5.8% during the first quarter. Park Avenue Securities LLC now owns 14,889 shares of the company’s stock valued at $675,000 after acquiring an additional 820 shares in the last quarter. Opal Wealth Advisors LLC lifted its stake in Fidelity Total Bond ETF by 60.7% in the first quarter. Opal Wealth Advisors LLC now owns 56,544 shares of the company’s stock valued at $2,562,000 after acquiring an additional 21,362 shares during the last quarter. Steph & Co. grew its position in Fidelity Total Bond ETF by 1.1% in the first quarter. Steph & Co. now owns 201,822 shares of the company’s stock worth $9,145,000 after acquiring an additional 2,294 shares in the last quarter. Finally, Baker Boyer National Bank increased its stake in shares of Fidelity Total Bond ETF by 7.9% during the 1st quarter. Baker Boyer National Bank now owns 371,226 shares of the company’s stock worth $16,820,000 after purchasing an additional 27,094 shares during the last quarter.

Fidelity Total Bond ETF Trading Up 0.1 %

Fidelity Total Bond ETF stock opened at $46.14 on Friday. The company has a market capitalization of $9.21 billion, a P/E ratio of 8.85 and a beta of 0.19. Fidelity Total Bond ETF has a 1-year low of $42.45 and a 1-year high of $47.30. The firm’s fifty day simple moving average is $46.60 and its 200-day simple moving average is $45.59.

About Fidelity Total Bond ETF

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.