Fidelity Total Bond ETF (NYSEARCA:FBND) is Eudaimonia Advisors LLC’s 6th Largest Position

Eudaimonia Advisors LLC boosted its position in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 2.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 72,220 shares of the company’s stock after acquiring an additional 1,538 shares during the period. Fidelity Total Bond ETF accounts for about 2.2% of Eudaimonia Advisors LLC’s holdings, making the stock its 6th biggest position. Eudaimonia Advisors LLC owned 0.08% of Fidelity Total Bond ETF worth $3,325,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of FBND. Financial Management Professionals Inc. purchased a new position in shares of Fidelity Total Bond ETF during the 4th quarter valued at about $25,000. NBC Securities Inc. bought a new stake in Fidelity Total Bond ETF in the 3rd quarter worth $27,000. Sound Income Strategies LLC purchased a new position in shares of Fidelity Total Bond ETF in the fourth quarter valued at about $74,000. Private Trust Co. NA raised its stake 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 acquiring an additional 547 shares during the last quarter. Finally, Geneos Wealth Management Inc. boosted its holdings in shares of Fidelity Total Bond ETF by 15.3% during the fourth quarter. Geneos Wealth Management Inc. now owns 1,720 shares of the company’s stock worth $79,000 after purchasing an additional 228 shares during the period.

Fidelity Total Bond ETF Stock Performance

Shares of NYSEARCA FBND traded up $0.11 during trading hours on Tuesday, hitting $44.41. The company’s stock had a trading volume of 1,002,077 shares, compared to its average volume of 1,310,097. Fidelity Total Bond ETF has a 12 month low of $42.45 and a 12 month high of $46.38. The stock has a market cap of $8.81 billion, a price-to-earnings ratio of 8.76 and a beta of 0.15. The business has a 50-day simple moving average of $45.02 and a 200-day simple moving average of $44.80.

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.