Fidelity Total Bond ETF (NYSEARCA:FBND) Shares Bought by Aspiriant LLC

Aspiriant LLC increased its holdings in Fidelity Total Bond ETF (NYSEARCA:FBND) by 7.4% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 342,410 shares of the company’s stock after purchasing an additional 23,606 shares during the quarter. Fidelity Total Bond ETF accounts for 0.6% of Aspiriant LLC’s holdings, making the stock its 26th biggest position. Aspiriant LLC owned about 0.36% of Fidelity Total Bond ETF worth $15,515,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in FBND. JPMorgan Chase & Co. lifted its position in Fidelity Total Bond ETF by 2,874.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 3,007,184 shares of the company’s stock worth $130,996,000 after buying an additional 2,906,069 shares in the last quarter. FMR LLC raised its holdings in shares of Fidelity Total Bond ETF by 26,366.0% during the 3rd quarter. FMR LLC now owns 2,086,842 shares of the company’s stock valued at $90,903,000 after purchasing an additional 2,078,957 shares in the last quarter. RFG Advisory LLC raised its holdings in shares of 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 valued at $162,125,000 after purchasing an additional 1,093,311 shares in the last quarter. Sherrill & Hutchins Financial Advisory Inc acquired a new position in Fidelity Total Bond ETF in the 4th quarter valued at $33,506,000. Finally, Commonwealth Equity Services LLC grew its stake in Fidelity Total Bond ETF by 83.2% in the 4th quarter. Commonwealth Equity Services LLC now owns 1,536,701 shares of the company’s stock valued at $70,750,000 after buying an additional 697,993 shares during the last quarter.

Fidelity Total Bond ETF Price Performance

NYSEARCA FBND opened at $45.22 on Thursday. The firm has a market capitalization of $9.02 billion, a price-to-earnings ratio of 8.85 and a beta of 0.19. The company’s fifty day moving average is $44.82 and its two-hundred day moving average is $45.18. Fidelity Total Bond ETF has a 52-week low of $42.45 and a 52-week high of $46.21.

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.