Fidelity Total Bond ETF (NYSEARCA:FBND) is Walker Financial Services Inc.’s 4th Largest Position

Walker Financial Services Inc. raised its position in Fidelity Total Bond ETF (NYSEARCA:FBND) by 21.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 361,548 shares of the company’s stock after acquiring an additional 65,039 shares during the quarter. Fidelity Total Bond ETF accounts for about 9.4% of Walker Financial Services Inc.’s investment portfolio, making the stock its 4th largest holding. Walker Financial Services Inc. owned approximately 0.18% of Fidelity Total Bond ETF worth $16,223,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Mather Group LLC. lifted its stake in shares of Fidelity Total Bond ETF by 4,145.0% in the third quarter. Mather Group LLC. now owns 3,544,982 shares of the company’s stock worth $165,692,000 after acquiring an additional 3,461,472 shares in the last quarter. Crane Advisory LLC acquired a new position in shares of Fidelity Total Bond ETF in the 3rd quarter valued at approximately $50,363,000. Thrivent Financial for Lutherans boosted its stake in shares of Fidelity Total Bond ETF by 85.1% during the 3rd quarter. Thrivent Financial for Lutherans now owns 2,159,030 shares of the company’s stock valued at $100,976,000 after buying an additional 992,739 shares during the last quarter. McKinley Carter Wealth Services Inc. grew its position in shares of Fidelity Total Bond ETF by 256.5% during the third quarter. McKinley Carter Wealth Services Inc. now owns 1,355,457 shares of the company’s stock worth $63,354,000 after buying an additional 975,262 shares in the last quarter. Finally, Fermata Advisors LLC grew its holdings in Fidelity Total Bond ETF by 771.5% during the 3rd quarter. Fermata Advisors LLC now owns 1,046,658 shares of the company’s stock worth $48,921,000 after acquiring an additional 926,557 shares in the last quarter.

Fidelity Total Bond ETF Stock Performance

Shares of FBND stock opened at $44.92 on Friday. The stock has a market capitalization of $8.96 billion, a price-to-earnings 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’s 50-day simple moving average is $45.30 and its 200-day simple moving average is $45.85.

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.