International Assets Investment Management LLC Invests $3.59 Million in Fidelity Total Bond ETF (NYSEARCA:FBND)

International Assets Investment Management LLC purchased a new position in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 77,946 shares of the company’s stock, valued at approximately $3,589,000. International Assets Investment Management LLC owned 0.08% of Fidelity Total Bond ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. lifted its holdings in shares of Fidelity Total Bond ETF by 2,874.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 3,007,184 shares of the company’s stock valued at $130,996,000 after buying an additional 2,906,069 shares during the last quarter. UBS Group AG lifted its stake in Fidelity Total Bond ETF by 9.8% in the third quarter. UBS Group AG now owns 2,421,460 shares of the company’s stock valued at $105,479,000 after acquiring an additional 216,582 shares during the last quarter. Blue Chip Partners LLC grew its position in Fidelity Total Bond ETF by 8,501.0% in the third quarter. Blue Chip Partners LLC now owns 2,153,777 shares of the company’s stock worth $93,819,000 after acquiring an additional 2,128,736 shares in the last quarter. FMR LLC grew its position in Fidelity Total Bond ETF by 26,366.0% in the third quarter. FMR LLC now owns 2,086,842 shares of the company’s stock worth $90,903,000 after acquiring an additional 2,078,957 shares in the last quarter. Finally, Envestnet Asset Management Inc. increased its stake in shares of Fidelity Total Bond ETF by 3.7% during the 3rd quarter. Envestnet Asset Management Inc. now owns 2,018,223 shares of the company’s stock worth $87,914,000 after purchasing an additional 71,238 shares during the last quarter.

Fidelity Total Bond ETF Trading Up 0.3 %

FBND stock opened at $44.80 on Friday. The firm has a market cap of $8.94 billion, a PE ratio of 8.85 and a beta of 0.19. Fidelity Total Bond ETF has a 1 year low of $42.45 and a 1 year high of $46.30. The company has a fifty day simple moving average of $44.85 and a 200 day simple moving average of $44.89.

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.