Carnegie Investment Counsel Has $3.89 Million Holdings in Fidelity Total Bond ETF (NYSEARCA:FBND)

Carnegie Investment Counsel grew its stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 13.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 86,616 shares of the company’s stock after acquiring an additional 10,517 shares during the period. Carnegie Investment Counsel’s holdings in Fidelity Total Bond ETF were worth $3,886,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the stock. FMR LLC lifted its position in Fidelity Total Bond ETF by 2.2% during the third quarter. FMR LLC now owns 12,604,148 shares of the company’s stock worth $589,118,000 after acquiring an additional 267,811 shares during the last quarter. JPMorgan Chase & Co. lifted its position in Fidelity Total Bond ETF by 11.2% during the third quarter. JPMorgan Chase & Co. now owns 5,169,480 shares of the company’s stock worth $241,622,000 after acquiring an additional 520,113 shares during the last quarter. RFG Advisory LLC increased its holdings in shares of Fidelity Total Bond ETF by 9.6% during the third quarter. RFG Advisory LLC now owns 4,042,746 shares of the company’s stock worth $188,958,000 after purchasing an additional 353,138 shares during the period. Mather Group LLC. increased its holdings in shares of Fidelity Total Bond ETF by 4,145.0% during the third quarter. Mather Group LLC. now owns 3,544,982 shares of the company’s stock worth $165,692,000 after purchasing an additional 3,461,472 shares during the period. Finally, Legacy Wealth Management Inc increased its holdings in shares of Fidelity Total Bond ETF by 2.2% during the third quarter. Legacy Wealth Management Inc now owns 2,937,256 shares of the company’s stock worth $137,287,000 after purchasing an additional 62,805 shares during the period.

Fidelity Total Bond ETF Trading Down 0.0 %

Shares of FBND opened at $44.92 on Friday. Fidelity Total Bond ETF has a 12 month low of $44.01 and a 12 month high of $47.30. The firm’s 50 day moving average is $45.30 and its 200-day moving average is $45.84. The stock has a market capitalization of $8.96 billion, a PE ratio of 8.85 and a beta of 0.19.

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.