Aspiriant LLC Has $15.52 Million Stake in Fidelity Total Bond ETF (NYSEARCA:FBND)

Aspiriant LLC boosted its position in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 7.4% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 342,410 shares of the company’s stock after buying an additional 23,606 shares during the period. Fidelity Total Bond ETF makes up approximately 0.6% of Aspiriant LLC’s investment portfolio, making the stock its 26th largest position. Aspiriant LLC’s holdings in Fidelity Total Bond ETF were worth $15,515,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the company. Financial Management Professionals Inc. acquired a new stake in shares of Fidelity Total Bond ETF in the 4th quarter valued at approximately $25,000. Pineridge Advisors LLC bought a new position in Fidelity Total Bond ETF during the 4th quarter worth approximately $46,000. PNC Financial Services Group Inc. acquired a new stake in shares of Fidelity Total Bond ETF during the 4th quarter worth approximately $58,000. Sound Income Strategies LLC acquired a new stake in Fidelity Total Bond ETF in the 4th quarter valued at $74,000. Finally, Private Trust Co. NA grew its position in Fidelity Total Bond ETF by 51.2% in the 4th quarter. Private Trust Co. NA now owns 1,616 shares of the company’s stock valued at $74,000 after purchasing an additional 547 shares during the period.

Fidelity Total Bond ETF Trading Down 0.5 %

NYSEARCA FBND opened at $45.22 on Thursday. The company has a market cap of $9.02 billion, a P/E ratio of 8.85 and a beta of 0.19. The company has a fifty day simple moving average of $44.82 and a 200 day simple moving average of $45.18. Fidelity Total Bond ETF has a 12-month low of $42.45 and a 12-month high of $46.21.

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.