Quotient Wealth Partners LLC Raises Stock Holdings in Fidelity Total Bond ETF (NYSEARCA:FBND)

Quotient Wealth Partners LLC raised its stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 2.4% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 1,050,303 shares of the company’s stock after acquiring an additional 24,811 shares during the period. Fidelity Total Bond ETF makes up approximately 1.5% of Quotient Wealth Partners LLC’s holdings, making the stock its 18th biggest position. Quotient Wealth Partners LLC owned approximately 0.53% of Fidelity Total Bond ETF worth $47,127,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in FBND. Mark Sheptoff Financial Planning LLC purchased a new stake in Fidelity Total Bond ETF in the third quarter worth approximately $25,000. Northwest Investment Counselors LLC bought a new position in shares of Fidelity Total Bond ETF during the 3rd quarter valued at $30,000. Highline Wealth Partners LLC purchased a new position in shares of Fidelity Total Bond ETF in the 3rd quarter worth $47,000. Darwin Wealth Management LLC bought a new stake in shares of Fidelity Total Bond ETF in the third quarter worth $54,000. Finally, Wilmington Savings Fund Society FSB purchased a new stake in Fidelity Total Bond ETF during the third quarter valued at $87,000.

Fidelity Total Bond ETF Stock Performance

Shares of NYSEARCA:FBND opened at $45.19 on Friday. The stock’s 50-day simple moving average is $45.17 and its two-hundred day simple moving average is $45.82. The stock has a market capitalization of $9.02 billion, a price-to-earnings ratio of 8.85 and a beta of 0.19. Fidelity Total Bond ETF has a 52-week low of $44.01 and a 52-week 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.