22,094 Shares in Fidelity Total Bond ETF (NYSEARCA:FBND) Bought by Chris Bulman Inc

Chris Bulman Inc bought a new position in Fidelity Total Bond ETF (NYSEARCA:FBND) in the second quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 22,094 shares of the company’s stock, valued at approximately $993,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Summit Financial Strategies Inc. grew its position in Fidelity Total Bond ETF by 4,346.0% during the 2nd quarter. Summit Financial Strategies Inc. now owns 1,295,739 shares of the company’s stock worth $58,218,000 after purchasing an additional 1,266,595 shares during the period. RFG Advisory LLC grew its position in Fidelity Total Bond ETF by 44.0% during the 1st quarter. RFG Advisory LLC now owns 3,578,128 shares of the company’s stock worth $162,125,000 after purchasing an additional 1,093,311 shares during the period. Quotient Wealth Partners LLC acquired a new stake in Fidelity Total Bond ETF during the 2nd quarter worth about $44,290,000. Falcon Wealth Planning grew its position in Fidelity Total Bond ETF by 466.4% during the 2nd quarter. Falcon Wealth Planning now owns 1,023,679 shares of the company’s stock worth $45,994,000 after purchasing an additional 842,929 shares during the period. Finally, Cetera Investment Advisers grew its position in Fidelity Total Bond ETF by 142.6% during the 1st quarter. Cetera Investment Advisers now owns 1,208,483 shares of the company’s stock worth $54,756,000 after purchasing an additional 710,435 shares during the period.

Fidelity Total Bond ETF Stock Performance

Shares of FBND opened at $46.83 on Friday. The business’s 50-day moving average is $45.95 and its two-hundred day moving average is $45.29. The company has a market capitalization of $9.34 billion, a P/E ratio of 8.85 and a beta of 0.19. Fidelity Total Bond ETF has a fifty-two week low of $42.45 and a fifty-two week high of $47.03.

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.