65,518 Shares in Fidelity Total Bond ETF (NYSEARCA:FBND) Bought by Delta Financial Group Inc.

Delta Financial Group Inc. acquired a new position in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 65,518 shares of the company’s stock, valued at approximately $2,940,000. Fidelity Total Bond ETF accounts for about 0.7% of Delta Financial Group Inc.’s holdings, making the stock its 24th largest holding.

Other large investors have also modified their holdings of the company. Mark Sheptoff Financial Planning LLC bought a new stake in shares of Fidelity Total Bond ETF during the 3rd quarter worth $25,000. Highline Wealth Partners LLC bought a new stake in shares of Fidelity Total Bond ETF during the 3rd quarter worth $47,000. Darwin Wealth Management LLC bought a new stake in shares of Fidelity Total Bond ETF during the 3rd quarter worth $54,000. Wilmington Savings Fund Society FSB bought a new stake in shares of Fidelity Total Bond ETF during the 3rd quarter worth $87,000. Finally, Financial Management Professionals Inc. raised its stake in Fidelity Total Bond ETF by 323.6% during the 3rd quarter. Financial Management Professionals Inc. now owns 2,330 shares of the company’s stock valued at $109,000 after purchasing an additional 1,780 shares during the last quarter.

Fidelity Total Bond ETF Price Performance

NYSEARCA:FBND opened at $45.45 on Friday. The stock has a market cap of $9.07 billion, a P/E ratio of 8.85 and a beta of 0.19. Fidelity Total Bond ETF has a one year low of $44.01 and a one year high of $47.30. The company has a fifty day moving average price of $45.04 and a 200 day moving average price of $45.78.

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.