Country Trust Bank Has $278.58 Million Position in Fidelity Total Bond ETF (NYSEARCA:FBND)

Country Trust Bank lessened its holdings in Fidelity Total Bond ETF (NYSEARCA:FBND) by 0.0% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 5,960,102 shares of the company’s stock after selling 642 shares during the period. Fidelity Total Bond ETF comprises 6.8% of Country Trust Bank’s holdings, making the stock its biggest position. Country Trust Bank owned 2.99% of Fidelity Total Bond ETF worth $278,575,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of FBND. Visionary Wealth Advisors boosted its stake in Fidelity Total Bond ETF by 5.2% in the 4th quarter. Visionary Wealth Advisors now owns 86,217 shares of the company’s stock worth $3,969,000 after purchasing an additional 4,258 shares in the last quarter. Red Mountain Financial LLC purchased a new position in Fidelity Total Bond ETF in the 4th quarter worth $2,491,000. Brookstone Capital Management lifted its position in Fidelity Total Bond ETF by 63.1% during the 1st quarter. Brookstone Capital Management now owns 550,275 shares of the company’s stock worth $24,933,000 after acquiring an additional 212,869 shares during the period. Sherrill & Hutchins Financial Advisory Inc grew its stake in Fidelity Total Bond ETF by 2.4% during the 1st quarter. Sherrill & Hutchins Financial Advisory Inc now owns 745,072 shares of the company’s stock valued at $33,759,000 after purchasing an additional 17,317 shares during the last quarter. Finally, Cetera Investment Advisers grew its stake in Fidelity Total Bond ETF by 31.7% during the 2nd quarter. Cetera Investment Advisers now owns 1,591,785 shares of the company’s stock valued at $71,519,000 after purchasing an additional 383,302 shares during the last quarter.

Fidelity Total Bond ETF Stock Up 0.1 %

Fidelity Total Bond ETF stock opened at $46.20 on Wednesday. Fidelity Total Bond ETF has a 52 week low of $42.45 and a 52 week high of $47.30. The stock has a 50-day moving average price of $46.58 and a 200 day moving average price of $45.54. The company has a market capitalization of $9.22 billion, a price-to-earnings ratio of 8.85 and a beta of 0.19.

About Fidelity Total Bond ETF

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.