Rothschild Investment LLC Invests $63,000 in Fidelity Total Bond ETF (NYSEARCA:FBND)

Rothschild Investment LLC bought a new position in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 1,393 shares of the company’s stock, valued at approximately $63,000.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Wealthcare Capital Management LLC raised its position in shares of Fidelity Total Bond ETF by 3.0% during the fourth quarter. Wealthcare Capital Management LLC now owns 7,935 shares of the company’s stock worth $356,000 after purchasing an additional 231 shares during the period. Dupree Financial Group LLC grew its holdings in shares of Fidelity Total Bond ETF by 1.6% during the fourth quarter. Dupree Financial Group LLC now owns 15,086 shares of the company’s stock valued at $677,000 after buying an additional 238 shares in the last quarter. Waterfront Wealth Inc. grew its holdings in shares of Fidelity Total Bond ETF by 0.9% during the fourth quarter. Waterfront Wealth Inc. now owns 27,898 shares of the company’s stock valued at $1,252,000 after buying an additional 242 shares in the last quarter. Tritonpoint Wealth LLC grew its holdings in shares of Fidelity Total Bond ETF by 1.7% during the fourth quarter. Tritonpoint Wealth LLC now owns 18,718 shares of the company’s stock valued at $844,000 after buying an additional 311 shares in the last quarter. Finally, Galvin Gaustad & Stein LLC grew its holdings in shares of Fidelity Total Bond ETF by 0.8% during the fourth quarter. Galvin Gaustad & Stein LLC now owns 48,479 shares of the company’s stock valued at $2,175,000 after buying an additional 386 shares in the last quarter.

Fidelity Total Bond ETF Trading Up 0.2 %

Shares of FBND stock opened at $45.88 on Thursday. Fidelity Total Bond ETF has a 1-year low of $44.01 and a 1-year high of $47.30. The company has a market capitalization of $9.16 billion, a price-to-earnings ratio of 8.85 and a beta of 0.19. The stock’s fifty day simple moving average is $45.06 and its 200-day simple moving average is $45.77.

Fidelity Total Bond ETF Company 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.