Ashton Thomas Private Wealth LLC Raises Position in Fidelity Total Bond ETF (NYSEARCA:FBND)

Posted by Donna Armstrong on Nov 13th, 2024

Ashton Thomas Private Wealth LLC raised its holdings in shares of Fidelity Total Bond ETF (NYSEARCA:FBND – Free Report) by 77.1% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 76,329 shares of the company’s stock after buying an additional 33,238 shares during the quarter. Ashton Thomas Private Wealth LLC’s holdings in Fidelity Total Bond ETF were worth $3,568,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Northwest Investment Counselors LLC bought a new stake in shares of Fidelity Total Bond ETF in the 3rd quarter worth approximately $30,000. Transcendent Capital Group LLC bought a new position in shares of Fidelity Total Bond ETF during the second quarter valued at about $32,000. Highline Wealth Partners LLC bought a new stake in shares of Fidelity Total Bond ETF in the 3rd quarter valued at about $47,000. Strategic Financial Concepts LLC purchased a new stake in Fidelity Total Bond ETF during the 2nd quarter valued at about $49,000. Finally, Bell Investment Advisors Inc purchased a new stake in Fidelity Total Bond ETF during the 2nd quarter valued at about $55,000.

Fidelity Total Bond ETF Price Performance

Shares of Fidelity Total Bond ETF stock opened at $45.35 on Wednesday. Fidelity Total Bond ETF has a one year low of $43.34 and a one year high of $47.30. The business’s 50 day simple moving average is $46.33 and its two-hundred day simple moving average is $45.73. The stock has a market capitalization of $9.05 billion, a P/E ratio of 8.85 and a beta of 0.19.

Fidelity Total Bond ETF Profile

(Free Report)

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.