Allen Capital Group LLC Has $5.85 Million Holdings in Fidelity Total Bond ETF (NYSEARCA:FBND)

Allen Capital Group LLC grew its stake in Fidelity Total Bond ETF (NYSEARCA:FBND) by 0.7% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 125,143 shares of the company’s stock after buying an additional 843 shares during the quarter. Allen Capital Group LLC’s holdings in Fidelity Total Bond ETF were worth $5,849,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Northwest Investment Counselors LLC bought a new stake in shares of Fidelity Total Bond ETF in the third quarter worth $30,000. Transcendent Capital Group LLC bought a new stake in shares of Fidelity Total Bond ETF in the second quarter worth $32,000. Highline Wealth Partners LLC bought a new stake in shares of Fidelity Total Bond ETF in the third quarter worth $47,000. Strategic Financial Concepts LLC bought a new stake in shares of Fidelity Total Bond ETF in the second quarter worth $49,000. Finally, Darwin Wealth Management LLC bought a new stake in shares of Fidelity Total Bond ETF in the third quarter worth $54,000.

Fidelity Total Bond ETF Stock Down 0.1 %

Shares of FBND stock opened at $45.39 on Friday. The company’s fifty day simple moving average is $46.09 and its 200-day simple moving average is $45.77. The firm has a market cap of $9.06 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.

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.