Lincoln Capital Corp Acquires 2,082 Shares of Fidelity Total Bond ETF $FBND

Lincoln Capital Corp raised its stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBND – Free Report) by 2.6% during the second quarter, Holdings Channel reports. The firm owned 81,947 shares of the company’s stock after buying an additional 2,082 shares during the period. Fidelity Total Bond ETF comprises 1.4% of Lincoln Capital Corp’s holdings, making the stock its 24th biggest holding. Lincoln Capital Corp’s holdings in Fidelity Total Bond ETF were worth $3,749,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in FBND. First Pacific Financial bought a new position in shares of Fidelity Total Bond ETF during the 1st quarter worth approximately $25,000. Tsfg LLC acquired a new position in Fidelity Total Bond ETF during the first quarter worth $29,000. NBC Securities Inc. acquired a new position in Fidelity Total Bond ETF during the first quarter worth $28,000. Sound Income Strategies LLC grew its holdings in shares of Fidelity Total Bond ETF by 63.1% in the 1st quarter. Sound Income Strategies LLC now owns 791 shares of the company’s stock worth $36,000 after purchasing an additional 306 shares during the last quarter. Finally, Iron Horse Wealth Management LLC bought a new stake in shares of Fidelity Total Bond ETF in the 1st quarter worth about $60,000.

Fidelity Total Bond ETF Stock Performance

FBND opened at $46.63 on Wednesday. The firm has a market cap of $20.16 billion, a price-to-earnings ratio of 8.94 and a beta of 0.17. Fidelity Total Bond ETF has a twelve month low of $44.30 and a twelve month high of $47.30. The firm’s 50-day simple moving average is $45.86 and its 200-day simple moving average is $45.53.

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.

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