Fidelity Total Bond ETF (NYSEARCA:FBND) is Coyle Financial Counsel LLC’s 3rd Largest Position

Coyle Financial Counsel LLC lifted its stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 12.7% during the fourth quarter, Holdings Channel reports. The fund owned 534,438 shares of the company’s stock after acquiring an additional 60,397 shares during the period. Fidelity Total Bond ETF comprises 7.6% of Coyle Financial Counsel LLC’s investment portfolio, making the stock its 3rd largest position. Coyle Financial Counsel LLC’s holdings in Fidelity Total Bond ETF were worth $23,980,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also modified their holdings of the stock. Mark Sheptoff Financial Planning LLC acquired a new stake in Fidelity Total Bond ETF in the third quarter valued at approximately $25,000. Highline Wealth Partners LLC acquired a new stake in shares of Fidelity Total Bond ETF in the 3rd quarter valued at $47,000. Darwin Wealth Management LLC purchased a new stake in shares of Fidelity Total Bond ETF during the 3rd quarter worth $54,000. Rothschild Investment LLC acquired a new position in shares of Fidelity Total Bond ETF during the fourth quarter worth $63,000. Finally, Wilmington Savings Fund Society FSB purchased a new position in Fidelity Total Bond ETF in the third quarter valued at $87,000.

Fidelity Total Bond ETF Price Performance

Fidelity Total Bond ETF stock opened at $45.51 on Tuesday. The stock has a market cap of $9.08 billion, a PE ratio of 8.85 and a beta of 0.19. The stock’s fifty day moving average is $45.04 and its two-hundred day moving average is $45.77. Fidelity Total Bond ETF has a 1-year low of $44.01 and a 1-year high of $47.30.

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.