Baker Ellis Asset Management LLC Has $11.73 Million Stock Position in Fidelity Total Bond ETF (NYSEARCA:FBND)

Baker Ellis Asset Management LLC grew its holdings in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 1.5% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 258,917 shares of the company’s stock after buying an additional 3,890 shares during the quarter. Fidelity Total Bond ETF accounts for about 1.7% of Baker Ellis Asset Management LLC’s holdings, making the stock its 11th biggest position. Baker Ellis Asset Management LLC owned approximately 0.27% of Fidelity Total Bond ETF worth $11,732,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. FMR LLC boosted its holdings in Fidelity Total Bond ETF by 26,366.0% during the third quarter. FMR LLC now owns 2,086,842 shares of the company’s stock worth $90,903,000 after purchasing an additional 2,078,957 shares during the last quarter. Mariner LLC boosted its holdings in Fidelity Total Bond ETF by 1.1% during the third quarter. Mariner LLC now owns 65,771 shares of the company’s stock worth $2,865,000 after purchasing an additional 717 shares during the last quarter. O Shaughnessy Asset Management LLC purchased a new position in Fidelity Total Bond ETF during the third quarter worth about $309,000. Mather Group LLC. boosted its holdings in Fidelity Total Bond ETF by 40.0% during the third quarter. Mather Group LLC. now owns 24,306 shares of the company’s stock worth $1,059,000 after purchasing an additional 6,945 shares during the last quarter. Finally, Ancora Advisors LLC boosted its holdings in Fidelity Total Bond ETF by 0.6% during the third quarter. Ancora Advisors LLC now owns 44,261 shares of the company’s stock worth $1,928,000 after purchasing an additional 268 shares during the last quarter.

Fidelity Total Bond ETF Stock Down 0.5 %

Fidelity Total Bond ETF stock traded down $0.21 during midday trading on Friday, hitting $44.93. 1,122,481 shares of the stock were exchanged, compared to its average volume of 1,244,409. Fidelity Total Bond ETF has a 52-week low of $42.45 and a 52-week high of $46.21. The stock has a market capitalization of $8.97 billion, a price-to-earnings ratio of 8.85 and a beta of 0.19. The business’s 50-day moving average price is $44.87 and its 200-day moving average price is $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.