IRON Financial LLC Has $2.09 Million Stock Holdings in Fidelity Total Bond ETF (NYSEARCA:FBND)

IRON Financial LLC trimmed its holdings in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 2.0% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 46,628 shares of the company’s stock after selling 946 shares during the quarter. Fidelity Total Bond ETF accounts for 1.2% of IRON Financial LLC’s holdings, making the stock its 19th biggest position. IRON Financial LLC’s holdings in Fidelity Total Bond ETF were worth $2,092,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of FBND. Mark Sheptoff Financial Planning LLC acquired a new stake in shares of Fidelity Total Bond ETF during the third quarter worth $25,000. Northwest Investment Counselors LLC acquired a new stake in shares of Fidelity Total Bond ETF in the 3rd quarter valued at about $30,000. Highline Wealth Partners LLC bought a new stake in shares of Fidelity Total Bond ETF in the third quarter valued at about $47,000. Darwin Wealth Management LLC bought a new stake in shares of Fidelity Total Bond ETF in the third quarter valued at about $54,000. Finally, Wilmington Savings Fund Society FSB acquired a new position in shares of Fidelity Total Bond ETF during the third quarter worth about $87,000.

Fidelity Total Bond ETF Stock Performance

Shares of Fidelity Total Bond ETF stock opened at $45.22 on Tuesday. The firm has a market cap of $9.02 billion, a PE ratio of 8.85 and a beta of 0.19. The business’s 50 day simple moving average is $45.26 and its 200 day simple moving average is $45.85. Fidelity Total Bond ETF has a 52-week low of $44.01 and a 52-week high of $47.30.

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.