Huntington National Bank Has $29.34 Million Stake in Fidelity Total Bond ETF (NYSEARCA:FBND)

Huntington National Bank lowered its position in Fidelity Total Bond ETF (NYSEARCA:FBND) by 0.1% during the third quarter, Holdings Channel reports. The firm owned 627,675 shares of the company’s stock after selling 353 shares during the period. Huntington National Bank’s holdings in Fidelity Total Bond ETF were worth $29,338,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Northwest Investment Counselors LLC bought a new stake in shares of Fidelity Total Bond ETF in the 3rd quarter valued at $30,000. Transcendent Capital Group LLC bought a new stake in Fidelity Total Bond ETF during the 2nd quarter valued at $32,000. Highline Wealth Partners LLC bought a new stake in Fidelity Total Bond ETF during the 3rd quarter valued at $47,000. Bell Investment Advisors Inc bought a new stake in Fidelity Total Bond ETF during the 2nd quarter valued at $55,000. Finally, Cullen Frost Bankers Inc. increased its stake in Fidelity Total Bond ETF by 2,468.3% during the 2nd quarter. Cullen Frost Bankers Inc. now owns 1,618 shares of the company’s stock valued at $73,000 after purchasing an additional 1,555 shares in the last quarter.

Fidelity Total Bond ETF Trading Down 0.0 %

Shares of FBND stock opened at $45.34 on Thursday. The firm has a market capitalization of $9.05 billion, a PE ratio of 8.85 and a beta of 0.19. The firm has a fifty day simple moving average of $46.31 and a two-hundred day simple moving average of $45.74. Fidelity Total Bond ETF has a 12 month low of $43.76 and a 12 month high of $47.30.

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.