Thoroughbred Financial Services LLC grew its holdings in Fidelity Total Bond ETF (NYSEARCA:FBND – Free Report) by 28.3% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 25,513 shares of the company’s stock after acquiring an additional 5,633 shares during the period. Thoroughbred Financial Services LLC’s holdings in Fidelity Total Bond ETF were worth $1,146,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors have also modified their holdings of the company. Transcendent Capital Group LLC acquired a new position in shares of Fidelity Total Bond ETF during the second quarter worth $32,000. Centerpoint Advisors LLC acquired a new position in shares of Fidelity Total Bond ETF during the first quarter worth $37,000. Pineridge Advisors LLC acquired a new position in shares of Fidelity Total Bond ETF during the fourth quarter worth $46,000. Strategic Financial Concepts LLC acquired a new position in shares of Fidelity Total Bond ETF during the second quarter worth $49,000. Finally, Bell Investment Advisors Inc acquired a new position in shares of Fidelity Total Bond ETF during the second quarter worth $55,000.
Fidelity Total Bond ETF Trading Up 0.1 %
Shares of FBND stock opened at $47.08 on Monday. The firm has a fifty day moving average price of $46.15 and a 200 day moving average price of $45.36. The company has a market cap of $9.39 billion, a P/E ratio of 8.85 and a beta of 0.19. Fidelity Total Bond ETF has a 12 month low of $42.45 and a 12 month high of $47.13.
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.
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