Lincoln National Corp Boosts Stock Holdings in Fidelity Total Bond ETF (NYSEARCA:FBND)

Lincoln National Corp boosted its position in Fidelity Total Bond ETF (NYSEARCA:FBND) by 547.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 96,132 shares of the company’s stock after purchasing an additional 81,291 shares during the period. Lincoln National Corp owned about 0.10% of Fidelity Total Bond ETF worth $4,426,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in FBND. Raymond James & Associates boosted its stake in shares of Fidelity Total Bond ETF by 22.6% during the 3rd quarter. Raymond James & Associates now owns 671,434 shares of the company’s stock worth $29,248,000 after acquiring an additional 123,898 shares in the last quarter. FORVIS Wealth Advisors LLC raised its stake in shares of Fidelity Total Bond ETF by 69.0% during the 3rd quarter. FORVIS Wealth Advisors LLC now owns 1,368,327 shares of the company’s stock worth $59,604,000 after buying an additional 558,435 shares during the last quarter. Brighton Jones LLC acquired a new stake in Fidelity Total Bond ETF in the 3rd quarter valued at about $321,000. Paul Damon & Associates Inc. increased its holdings in Fidelity Total Bond ETF by 9.0% during the 3rd quarter. Paul Damon & Associates Inc. now owns 132,146 shares of the company’s stock valued at $5,756,000 after acquiring an additional 10,917 shares in the last quarter. Finally, Keel Point LLC lifted its holdings in shares of Fidelity Total Bond ETF by 14.9% in the third quarter. Keel Point LLC now owns 11,414 shares of the company’s stock valued at $497,000 after purchasing an additional 1,478 shares in the last quarter.

Fidelity Total Bond ETF Stock Up 0.1 %

Shares of FBND traded up $0.04 during mid-day trading on Monday, reaching $44.68. 4,782,261 shares of the company’s stock were exchanged, compared to its average volume of 1,328,227. Fidelity Total Bond ETF has a 52-week low of $42.45 and a 52-week high of $46.30. The company has a 50-day simple moving average of $44.86 and a two-hundred day simple moving average of $44.88. The company has a market cap of $8.92 billion, a price-to-earnings ratio of 8.85 and a beta of 0.19.

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.