Moloney Securities Asset Management LLC Purchases Shares of 5,874 Fidelity Total Bond ETF (NYSEARCA:FBND)

Moloney Securities Asset Management LLC purchased a new stake in Fidelity Total Bond ETF (NYSEARCA:FBND) in the 3rd quarter, HoldingsChannel.com reports. The fund purchased 5,874 shares of the company’s stock, valued at approximately $275,000.

Other large investors have also recently added to or reduced their stakes in the company. Northwest Investment Counselors LLC bought a new stake in shares of Fidelity Total Bond ETF in the 3rd quarter valued at approximately $30,000. Transcendent Capital Group LLC bought a new stake in shares of Fidelity Total Bond ETF in the 2nd quarter valued at approximately $32,000. Highline Wealth Partners LLC bought a new stake in shares of Fidelity Total Bond ETF in the 3rd quarter valued at approximately $47,000. Strategic Financial Concepts LLC bought a new stake in shares of Fidelity Total Bond ETF in the 2nd quarter valued at approximately $49,000. Finally, Bell Investment Advisors Inc bought a new stake in shares of Fidelity Total Bond ETF in the 2nd quarter valued at approximately $55,000.

Fidelity Total Bond ETF Trading Down 0.7 %

FBND stock opened at $45.29 on Thursday. Fidelity Total Bond ETF has a 1-year low of $43.34 and a 1-year high of $47.30. The firm has a market cap of $9.04 billion, a P/E ratio of 8.85 and a beta of 0.19. The business’s 50 day moving average is $46.37 and its 200-day moving average is $45.69.

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.