Fidelity Total Bond ETF Sees $177.8M Inflow

The Fidelity Total Bond ETF (FBND) saw a $177.8 million dollar inflow, a 1.0% increase in outstanding units week over week. FBND’s 52-week range is $44.0064 to $47.22, with a last trade of $45.49. ETFs trade like stocks, with units created or destroyed based on investor demand. Monitoring shares outstanding data can indicate inflows or outflows, impacting the ETF’s underlying holdings. Check out which other ETFs had notable inflows and learn more about ETF trading at ETF Channel.

Read more at Nasdaq: Fidelity Total Bond ETF Experiences Big Inflow