Diversify Wealth Management LLC Raises Holdings in Fidelity Total Bond ETF (NYSEARCA:FBND)

Diversify Wealth Management LLC raised its holdings in Fidelity Total Bond ETF (NYSEARCA:FBND) by 1.0% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 172,373 shares of the company’s stock after purchasing an additional 1,775 shares during the quarter. Diversify Wealth Management LLC’s holdings in Fidelity Total Bond ETF were worth $7,665,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Mark Sheptoff Financial Planning LLC purchased a new stake in Fidelity Total Bond ETF in the 3rd quarter valued at about $25,000. Northwest Investment Counselors LLC acquired a new stake in shares of Fidelity Total Bond ETF during the third quarter valued at about $30,000. Highline Wealth Partners LLC purchased a new stake in shares of Fidelity Total Bond ETF in the 3rd quarter valued at approximately $47,000. Darwin Wealth Management LLC acquired a new position in shares of Fidelity Total Bond ETF in the 3rd quarter worth approximately $54,000. Finally, Wilmington Savings Fund Society FSB purchased a new position in shares of Fidelity Total Bond ETF during the 3rd quarter worth approximately $87,000.

Fidelity Total Bond ETF Stock Down 0.0 %

Shares of NYSEARCA FBND opened at $44.92 on Monday. Fidelity Total Bond ETF has a 52-week low of $44.01 and a 52-week high of $47.30. The business’s 50 day moving average is $45.30 and its two-hundred day moving average is $45.86. The firm has a market cap of $8.96 billion, a price-to-earnings 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.