Chesley Taft & Associates LLC Has $3.42 Million Stock Position in Fidelity Total Bond ETF (NYSEARCA:FBND)

Chesley Taft & Associates LLC increased its position in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 25.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 76,230 shares of the company’s stock after acquiring an additional 15,580 shares during the quarter. Chesley Taft & Associates LLC’s holdings in Fidelity Total Bond ETF were worth $3,420,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Renaissance Technologies LLC purchased a new stake in Fidelity Total Bond ETF in the 2nd quarter worth about $2,687,000. AE Wealth Management LLC lifted its position in shares of Fidelity Total Bond ETF by 4.7% in the second quarter. AE Wealth Management LLC now owns 10,296 shares of the company’s stock worth $463,000 after purchasing an additional 459 shares in the last quarter. Thrivent Financial for Lutherans grew its position in Fidelity Total Bond ETF by 18.9% during the second quarter. Thrivent Financial for Lutherans now owns 1,166,291 shares of the company’s stock valued at $52,401,000 after purchasing an additional 185,577 shares in the last quarter. EverSource Wealth Advisors LLC increased its stake in Fidelity Total Bond ETF by 12.9% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 4,988 shares of the company’s stock valued at $229,000 after buying an additional 570 shares during the period. Finally, Certified Advisory Corp lifted its position in Fidelity Total Bond ETF by 4.9% in the 2nd quarter. Certified Advisory Corp now owns 268,452 shares of the company’s stock worth $12,062,000 after buying an additional 12,660 shares in the last quarter.

Fidelity Total Bond ETF Stock Down 0.0 %

Shares of NYSEARCA:FBND opened at $44.92 on Tuesday. Fidelity Total Bond ETF has a 12-month low of $44.01 and a 12-month high of $47.30. The firm has a market capitalization of $8.96 billion, a P/E ratio of 8.85 and a beta of 0.19. The firm has a fifty day moving average of $45.28 and a two-hundred day moving average of $45.86.

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.