Marble Wealth LLC Buys New Shares in Fidelity Total Bond ETF $FBND

Marble Wealth LLC bought a new stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBND – Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 45,103 shares of the company’s stock, valued at approximately $2,077,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in FBND. Northwestern Mutual Wealth Management Co. lifted its stake in Fidelity Total Bond ETF by 3.9% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 89,517,143 shares of the company’s stock valued at $4,139,273,000 after purchasing an additional 3,390,440 shares during the last quarter. Dynasty Wealth Management LLC lifted its stake in Fidelity Total Bond ETF by 30.0% during the fourth quarter. Dynasty Wealth Management LLC now owns 8,650,398 shares of the company’s stock valued at $398,264,000 after purchasing an additional 1,993,799 shares during the last quarter. Quotient Wealth Partners LLC lifted its stake in Fidelity Total Bond ETF by 39.8% during the fourth quarter. Quotient Wealth Partners LLC now owns 4,892,228 shares of the company’s stock valued at $225,238,000 after purchasing an additional 1,393,081 shares during the last quarter. Allworth Financial LP lifted its stake in Fidelity Total Bond ETF by 296.9% during the fourth quarter. Allworth Financial LP now owns 1,190,370 shares of the company’s stock valued at $54,805,000 after purchasing an additional 890,484 shares during the last quarter. Finally, Modern Wealth Management LLC lifted its stake in Fidelity Total Bond ETF by 54.3% during the third quarter. Modern Wealth Management LLC now owns 2,170,408 shares of the company’s stock valued at $100,360,000 after purchasing an additional 764,134 shares during the last quarter.

Fidelity Total Bond ETF Price Performance

FBND stock opened at $45.53 on Wednesday. Fidelity Total Bond ETF has a 12 month low of $44.82 and a 12 month high of $46.86. The firm has a 50 day simple moving average of $45.64 and a 200 day simple moving average of $46.04. The firm has a market cap of $25.51 billion, a PE ratio of 8.94 and a beta of 0.28.

Fidelity Total Bond ETF 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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