Moloney Securities Asset Management LLC Grows Position in Fidelity Total Bond ETF (NYSEARCA:FBND)

Moloney Securities Asset Management LLC grew its position in Fidelity Total Bond ETF (NYSEARCA:FBND) by 19.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,006 shares of the company’s stock after purchasing an additional 1,132 shares during the period. Moloney Securities Asset Management LLC’s holdings in Fidelity Total Bond ETF were worth $314,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of FBND. Seelaus Asset Management LLC lifted its position in Fidelity Total Bond ETF by 16.6% during the fourth quarter. Seelaus Asset Management LLC now owns 8,060 shares of the company’s stock valued at $362,000 after buying an additional 1,150 shares in the last quarter. Clarity Wealth Advisors LLC lifted its holdings in shares of Fidelity Total Bond ETF by 21.2% during the 4th quarter. Clarity Wealth Advisors LLC now owns 136,725 shares of the company’s stock valued at $6,135,000 after acquiring an additional 23,906 shares in the last quarter. Spectrum Investment Advisors Inc. acquired a new position in shares of Fidelity Total Bond ETF during the 4th quarter valued at $4,144,000. Bright Financial Advisors Inc. purchased a new stake in Fidelity Total Bond ETF during the 4th quarter worth $1,042,000. Finally, Centerline Wealth Advisors LLC acquired a new stake in Fidelity Total Bond ETF in the 4th quarter valued at $15,492,000.

Fidelity Total Bond ETF Price Performance

NYSEARCA:FBND opened at $45.20 on Tuesday. The business’s 50-day moving average is $45.17 and its two-hundred day moving average is $45.82. The firm has a market capitalization of $9.02 billion, a PE ratio of 8.85 and a beta of 0.19. Fidelity Total Bond ETF has a 12 month low of $44.01 and a 12 month 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.