Baker Ellis Asset Management LLC Has $13.37 Million Stock Holdings in Fidelity Total Bond ETF (NYSEARCA:FBND)

Baker Ellis Asset Management LLC grew its holdings in Fidelity Total Bond ETF (NYSEARCA:FBND) by 1.7% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 297,983 shares of the company’s stock after acquiring an additional 4,949 shares during the quarter. Fidelity Total Bond ETF accounts for about 2.0% of Baker Ellis Asset Management LLC’s investment portfolio, making the stock its 7th largest holding. Baker Ellis Asset Management LLC owned about 0.15% of Fidelity Total Bond ETF worth $13,370,000 at the end of the most recent quarter.

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

Fidelity Total Bond ETF Stock Down 0.2 %

FBND opened at $44.99 on Thursday. Fidelity Total Bond ETF has a 12-month low of $44.01 and a 12-month high of $47.30. The stock has a market cap of $8.98 billion, a price-to-earnings ratio of 8.85 and a beta of 0.19. The business has a 50 day moving average of $45.28 and a 200-day moving average of $45.85.

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.