EnRich Financial Partners LLC Boosts Position in Fidelity Total Bond ETF (NYSEARCA:FBND)

EnRich Financial Partners LLC grew its stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 6.8% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 379,749 shares of the company’s stock after buying an additional 24,344 shares during the period. Fidelity Total Bond ETF accounts for 5.9% of EnRich Financial Partners LLC’s portfolio, making the stock its 7th biggest holding. EnRich Financial Partners LLC owned 0.19% of Fidelity Total Bond ETF worth $17,749,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Northwest Investment Counselors LLC purchased a new position in Fidelity Total Bond ETF during the third quarter valued at approximately $30,000. Transcendent Capital Group LLC purchased a new position in shares of Fidelity Total Bond ETF during the 2nd quarter valued at $32,000. Highline Wealth Partners LLC bought a new position in Fidelity Total Bond ETF in the 3rd quarter worth $47,000. Bell Investment Advisors Inc purchased a new stake in Fidelity Total Bond ETF in the 2nd quarter worth $55,000. Finally, Cullen Frost Bankers Inc. raised its holdings in Fidelity Total Bond ETF by 2,468.3% during the second quarter. Cullen Frost Bankers Inc. now owns 1,618 shares of the company’s stock valued at $73,000 after acquiring an additional 1,555 shares during the period.

Fidelity Total Bond ETF Stock Up 0.1 %

NYSEARCA FBND opened at $45.38 on Tuesday. Fidelity Total Bond ETF has a twelve month low of $44.01 and a twelve month high of $47.30. The business has a 50-day moving average price of $46.22 and a 200-day moving average price of $45.76. The firm has a market cap of $9.06 billion, a price-to-earnings ratio of 8.85 and a beta of 0.19.

Fidelity Total Bond ETF Company 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.