Crumly & Associates Inc. Purchases 41,898 Shares of Fidelity Total Bond ETF (NYSEARCA:FBND)

Crumly & Associates Inc. increased its position in Fidelity Total Bond ETF (NYSEARCA:FBND) by 63.3% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 108,122 shares of the company’s stock after buying an additional 41,898 shares during the quarter. Fidelity Total Bond ETF accounts for 1.4% of Crumly & Associates Inc.’s portfolio, making the stock its 26th largest position. Crumly & Associates Inc. owned about 0.05% of Fidelity Total Bond ETF worth $5,054,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the company. Galvin Gaustad & Stein LLC lifted its position in Fidelity Total Bond ETF by 13.9% in the 3rd quarter. Galvin Gaustad & Stein LLC now owns 48,093 shares of the company’s stock worth $2,248,000 after buying an additional 5,887 shares during the last quarter. ABLE Financial Group LLC lifted its position in Fidelity Total Bond ETF by 206.2% in the 3rd quarter. ABLE Financial Group LLC now owns 206,136 shares of the company’s stock worth $9,635,000 after buying an additional 138,821 shares during the last quarter. TFB Advisors LLC lifted its position in Fidelity Total Bond ETF by 394.4% in the 3rd quarter. TFB Advisors LLC now owns 26,940 shares of the company’s stock worth $1,259,000 after buying an additional 21,491 shares during the last quarter. Trademark Financial Management LLC bought a new stake in Fidelity Total Bond ETF in the 3rd quarter worth approximately $368,000. Finally, Spinnaker Trust lifted its position in Fidelity Total Bond ETF by 6.9% in the third quarter. Spinnaker Trust now owns 119,143 shares of the company’s stock valued at $5,569,000 after purchasing an additional 7,740 shares during the last quarter.

Fidelity Total Bond ETF Stock Performance

Shares of FBND stock opened at $45.69 on Friday. Fidelity Total Bond ETF has a fifty-two week low of $43.34 and a fifty-two week high of $47.30. The stock has a 50 day moving average price of $46.34 and a two-hundred day moving average price of $45.70. The company has a market capitalization of $9.12 billion, a P/E ratio of 8.85 and a beta of 0.19.

Fidelity Total Bond ETF 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.