Mather Group LLC. trimmed its stake in Fidelity Total Bond ETF (NYSEARCA:FBND – Free Report) by 0.3% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,097,784 shares of the company’s stock after selling 12,341 shares during the period. Fidelity Total Bond ETF comprises about 1.5% of Mather Group LLC.’s investment portfolio, making the stock its 15th biggest position. Mather Group LLC. owned about 0.64% of Fidelity Total Bond ETF worth $177,434,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors and hedge funds also recently made changes to their positions in FBND. Bank of America Corp DE raised its position in shares of Fidelity Total Bond ETF by 6.3% during the first quarter. Bank of America Corp DE now owns 14,706,838 shares of the company’s stock valued at $670,926,000 after buying an additional 871,672 shares during the last quarter. Envestnet Asset Management Inc. increased its stake in Fidelity Total Bond ETF by 7.9% during the second quarter. Envestnet Asset Management Inc. now owns 8,059,617 shares of the company’s stock valued at $366,632,000 after acquiring an additional 587,351 shares during the period. Cetera Investment Advisers increased its stake in Fidelity Total Bond ETF by 15.9% during the first quarter. Cetera Investment Advisers now owns 6,801,133 shares of the company’s stock valued at $310,268,000 after acquiring an additional 930,834 shares during the period. Sax Wealth Advisors LLC increased its stake in Fidelity Total Bond ETF by 49.8% during the third quarter. Sax Wealth Advisors LLC now owns 6,727,943 shares of the company’s stock valued at $291,320,000 after acquiring an additional 2,236,473 shares during the period. Finally, Quotient Wealth Partners LLC raised its holdings in Fidelity Total Bond ETF by 32.9% in the 1st quarter. Quotient Wealth Partners LLC now owns 6,501,284 shares of the company’s stock valued at $296,589,000 after acquiring an additional 1,609,056 shares in the last quarter.
Fidelity Total Bond ETF Stock Up 0.0%
Fidelity Total Bond ETF stock opened at $43.54 on Thursday. The business has a 50 day moving average price of $44.32 and a two-hundred day moving average price of $45.07. Fidelity Total Bond ETF has a 12 month low of $43.11 and a 12 month high of $46.86. The stock has a market cap of $28.07 billion, a price-to-earnings ratio of 8.94 and a beta of 0.28.
Fidelity Total Bond ETF Company Profile
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.
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