Rockefeller Capital Management 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. After acquiring an additional 1,188 shares during this period, Rockefeller now holds a total of 39,999 shares in the ETF. As of the end of the most recent quarter, the value of this stake is approximately $1,869,000.

Multiple institutional investors and hedge funds have also made moves regarding the Fidelity Total Bond ETF. For instance, Northwest Investment Counselors LLC added a new stake during the third quarter worth about $30,000. Similarly, Transcendent Capital Group LLC took a new position in the ETF during the second quarter valued at around $32,000. Other notable entries include Highline Wealth Partners LLC, which entered during the third quarter with an investment of about $47,000, and Strategic Financial Concepts LLC, which invested roughly $49,000 in the second quarter. Darwin Wealth Management LLC also acquired a stake in the third quarter, contributing about $54,000.

Fidelity Total Bond ETF Performance

As of the latest trading session, the Fidelity Total Bond ETF opened at $46.12. The ETF features 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 has recorded a low of $44.01 and a high of $47.30. The market capitalization of this fund stands at $9.20 billion, and it holds a price-to-earnings (P/E) ratio of 8.85, accompanied by a beta of 0.19.

About Fidelity Total Bond ETF

The Fidelity Total Bond ETF (FBND) is an exchange-traded fund that aims to reflect the performance of the Bloomberg U.S. Universal Bond index. This actively managed fund utilizes the Barclays US Universal Bond Index to determine its sector allocation and manage its duration exposure. Launched on October 6, 2014, the fund is managed by Fidelity.

Related Content

• Five stocks we like better than Fidelity Total Bond ETF
• CD Calculator: Certificate of Deposit Calculator
• Fast-Growing Companies That Are Still Undervalued
• How to invest in marijuana stocks in 7 steps
• Top Cybersecurity Stock Picks for 2025
• How to Calculate Inflation Rate
• Archer or Joby: Which Aviation Company Might Rise Fastest?

For more information on hedge fund holdings in FBND, check the latest 13F filings and insider trades.

investment, ETF, stocks