Harbor Group Inc. Boosts Stock Holdings in Fidelity Total Bond ETF (NYSEARCA:FBND)

Harbor Group Inc. increased its holdings in Fidelity Total Bond ETF (NYSEARCA:FBND) by 5.4% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 797,278 shares of the company’s stock after purchasing an additional 40,789 shares during the quarter. Fidelity Total Bond ETF makes up approximately 9.5% of Harbor Group Inc.’s holdings, making the stock its 3rd largest holding. Harbor Group Inc. owned about 0.83% of Fidelity Total Bond ETF worth $36,125,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the business. Financial Management Professionals Inc. bought a new stake in Fidelity Total Bond ETF during the 4th quarter valued at approximately $25,000. Pineridge Advisors LLC purchased a new position in shares of Fidelity Total Bond ETF during the fourth quarter valued at approximately $46,000. PNC Financial Services Group Inc. purchased a new position in shares of Fidelity Total Bond ETF during the fourth quarter valued at approximately $58,000. Sound Income Strategies LLC purchased a new position in shares of Fidelity Total Bond ETF during the fourth quarter valued at approximately $74,000. Finally, Private Trust Co. NA lifted its holdings in shares of Fidelity Total Bond ETF by 51.2% during the fourth quarter. Private Trust Co. NA now owns 1,616 shares of the company’s stock valued at $74,000 after purchasing an additional 547 shares during the last quarter.

Fidelity Total Bond ETF Price Performance

NYSEARCA FBND traded down $0.13 during mid-day trading on Friday, reaching $45.01. The stock had a trading volume of 470,268 shares, compared to its average volume of 1,239,157. Fidelity Total Bond ETF has a 1 year low of $42.45 and a 1 year high of $46.21. The stock has a market cap of $8.98 billion, a PE ratio of 8.85 and a beta of 0.19. The company has a fifty day moving average price of $44.85 and a 200 day moving average price of $45.18.

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.