Rockefeller Capital Management L.P. Increases Stake in Fidelity Total Bond ETF

Rockefeller Capital Management L.P. has increased its investment in the Fidelity Total Bond ETF (NYSEARCA:FBND) by 3.1% during the third quarter, according to reports from HoldingsChannel.com. By the end of the quarter, the firm held 39,999 shares of the ETF after purchasing an additional 1,188 shares. The total value of Rockefeller's holdings in the Fidelity Total Bond ETF is approximately $1.87 million.

Additionally, several other institutional investors and hedge funds have also been active in the Fidelity Total Bond ETF market. For instance, Northwest Investment Counselors LLC recently acquired a new position in the ETF valued at about $30,000 during the third quarter. Similarly, Transcendent Capital Group LLC and Highline Wealth Partners LLC purchased new stakes worth around $32,000 and $47,000 respectively, in previous quarters.

Current Performance of Fidelity Total Bond ETF

As of the latest trading period, shares of the Fidelity Total Bond ETF opened at $46.12. The ETF has seen a 50-day moving average price of $45.84 and a two-hundred day moving average price of $45.85. Over the past year, the ETF's stocks have recorded a low of $44.01 and a high of $47.30, giving it a market capitalization of $9.20 billion, a price-to-earnings (P/E) ratio of 8.85, and a beta of 0.19, indicating a lower volatility compared to the market.

About the Fidelity Total Bond ETF

The Fidelity Total Bond ETF (FBND) is an exchange-traded fund designed to provide broad exposure to the bond market. It is managed in an active manner and is based on the Bloomberg U.S. Universal Bond Index, which informs its sector allocation and duration exposure. Launched on October 6, 2014, this ETF aims to deliver a comprehensive investment strategy for bond market investors.

Additional Information

For insights on the latest holdings and trades involving Fidelity Total Bond ETF, investors can check for updated filings and other relevant data. This information is crucial for those seeking to understand the performance and changes in ownership of the ETF.

investment, ETF, bonds