DeDora Capital Inc. Purchases 17,168 Shares of Fidelity Total Bond ETF (NYSEARCA:FBND)

DeDora Capital Inc. increased its position in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 5.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 322,813 shares of the company’s stock after buying an additional 17,168 shares during the period. Fidelity Total Bond ETF comprises approximately 5.2% of DeDora Capital Inc.’s holdings, making the stock its 4th biggest holding. DeDora Capital Inc.’s holdings in Fidelity Total Bond ETF were worth $14,862,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Financial Management Professionals Inc. bought a new position in Fidelity Total Bond ETF during the 4th quarter valued at $25,000. NBC Securities Inc. acquired a new stake in shares of Fidelity Total Bond ETF in the third quarter worth $27,000. Activest Wealth Management bought a new stake in shares of Fidelity Total Bond ETF in the third quarter valued at about $44,000. Money Concepts Capital Corp acquired a new position in shares of Fidelity Total Bond ETF in the 4th quarter valued at $46,000. Finally, Retirement Group LLC bought a new stake in Fidelity Total Bond ETF in the second quarter valued at about $50,000.

Fidelity Total Bond ETF Trading Down 0.1 %

NYSEARCA FBND traded down $0.04 during trading hours on Thursday, reaching $45.31. 1,002,118 shares of the company’s stock were exchanged, compared to its average volume of 1,013,486. The firm has a fifty day moving average of $45.31 and a 200-day moving average of $44.70. Fidelity Total Bond ETF has a one year low of $42.45 and a one year high of $46.53. The stock has a market cap of $4.35 billion, a PE ratio of 12.64 and a beta of 0.17.

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.