Fifth Third Securities Inc. Takes $622,000 Position in Fidelity Total Bond ETF (NYSEARCA:FBND)

Fifth Third Securities Inc. bought a new position in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) in the fourth quarter, Holdings Channel.com reports. The fund bought 13,858 shares of the company’s stock, valued at approximately $622,000.

A number of other hedge funds have also bought and sold shares of the company. Bank of Montreal Can grew its holdings in Fidelity Total Bond ETF by 17.9% during the 2nd quarter. Bank of Montreal Can now owns 9,217 shares of the company’s stock worth $419,000 after acquiring an additional 1,397 shares during the period. Susquehanna International Group LLP grew its stake in Fidelity Total Bond ETF by 2,296.1% during the second quarter. Susquehanna International Group LLP now owns 278,262 shares of the company’s stock worth $12,502,000 after purchasing an additional 266,649 shares during the period. Creative Planning increased its holdings in Fidelity Total Bond ETF by 3.3% in the second quarter. Creative Planning now owns 75,020 shares of the company’s stock worth $3,371,000 after purchasing an additional 2,380 shares in the last quarter. B. Riley Wealth Advisors Inc. lifted its stake in Fidelity Total Bond ETF by 4.9% in the second quarter. B. Riley Wealth Advisors Inc. now owns 24,369 shares of the company’s stock valued at $1,099,000 after buying an additional 1,133 shares during the period. Finally, Sanctuary Advisors LLC bought a new position in shares of Fidelity Total Bond ETF during the 2nd quarter worth approximately $646,000.

Fidelity Total Bond ETF Stock Down 0.1 %

NYSEARCA:FBND opened at $45.04 on Friday. Fidelity Total Bond ETF has a twelve month low of $44.01 and a twelve month high of $47.30. The company has a fifty day moving average of $45.24 and a 200-day moving average of $45.83. The firm has a market capitalization of $8.99 billion, a P/E 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.