Regatta Capital Group LLC Has $641,000 Stake in Fidelity Total Bond ETF (NYSEARCA:FBND)

Regatta Capital Group LLC increased its holdings in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 2.3% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 13,713 shares of the company’s stock after acquiring an additional 304 shares during the quarter. Regatta Capital Group LLC’s holdings in Fidelity Total Bond ETF were worth $641,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in FBND. Country Trust Bank lifted its stake in Fidelity Total Bond ETF by 12.7% during the second quarter. Country Trust Bank now owns 5,960,744 shares of the company’s stock worth $267,816,000 after purchasing an additional 672,872 shares during the last quarter. Envestnet Asset Management Inc. boosted its position in Fidelity Total Bond ETF by 27.5% during the second quarter. Envestnet Asset Management Inc. now owns 3,824,123 shares of the company’s stock valued at $171,818,000 after acquiring an additional 825,448 shares during the last quarter. RFG Advisory LLC grew its stake in Fidelity Total Bond ETF by 3.1% during the second quarter. RFG Advisory LLC now owns 3,689,608 shares of the company’s stock worth $165,774,000 after purchasing an additional 111,480 shares during the period. Mather Group LLC. grew its position in shares of Fidelity Total Bond ETF by 4,145.0% during the 3rd quarter. Mather Group LLC. now owns 3,544,982 shares of the company’s stock worth $165,692,000 after buying an additional 3,461,472 shares during the period. Finally, Legacy Wealth Management Inc grew its holdings in Fidelity Total Bond ETF by 2.3% in the second quarter. Legacy Wealth Management Inc now owns 2,874,451 shares of the company’s stock worth $129,149,000 after purchasing an additional 65,956 shares during the period.

Fidelity Total Bond ETF Price Performance

Shares of Fidelity Total Bond ETF stock opened at $46.24 on Wednesday. The firm has a market capitalization of $9.23 billion, a price-to-earnings ratio of 8.85 and a beta of 0.19. Fidelity Total Bond ETF has a one year low of $42.45 and a one year high of $47.30. The business has a 50-day simple moving average of $46.59 and a 200 day simple moving average of $45.57.

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.