Sonoma Allocations LLC Invests $13.59 Million in Fidelity Total Bond ETF $FBND

by · The Cerbat Gem

Sonoma Allocations LLC acquired a new stake in Fidelity Total Bond ETF (NYSEARCA:FBND – Free Report) during the 3rd quarter, according to its most recent disclosure with the SEC. The fund acquired 290,332 shares of the company’s stock, valued at approximately $13,588,000. Fidelity Total Bond ETF makes up about 5.0% of Sonoma Allocations LLC’s portfolio, making the stock its 5th biggest holding.

A number of other large investors have also recently added to or reduced their stakes in the company. Fifth Third Bancorp bought a new stake in shares of Fidelity Total Bond ETF in the second quarter valued at about $27,000. Caldwell Trust Co bought a new position in shares of Fidelity Total Bond ETF during the second quarter worth about $34,000. Maryland Capital Advisors Inc. raised its position in Fidelity Total Bond ETF by 378.5% in the 3rd quarter. Maryland Capital Advisors Inc. now owns 823 shares of the company’s stock valued at $38,000 after buying an additional 651 shares during the last quarter. Brown Lisle Cummings Inc. bought a new stake in Fidelity Total Bond ETF in the 2nd quarter valued at approximately $38,000. Finally, Darwin Wealth Management LLC bought a new stake in Fidelity Total Bond ETF in the 2nd quarter valued at approximately $49,000.

Fidelity Total Bond ETF Stock Up 0.2%

NYSEARCA:FBND opened at $46.18 on Friday. The company has a market cap of $23.54 billion, a P/E ratio of 8.94 and a beta of 0.28. Fidelity Total Bond ETF has a twelve month low of $44.30 and a twelve month high of $46.86. The business has a 50 day moving average price of $46.30 and a two-hundred day moving average price of $46.14.

Fidelity Total Bond ETF Company Profile

(Free Report)

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.

See Also

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