Mather Group LLC. Raises Position in Fidelity Total Bond ETF (NYSEARCA:FBND)

Mather Group LLC. raised its stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 228.3% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 79,803 shares of the company’s stock after purchasing an additional 55,497 shares during the period. Mather Group LLC.’s holdings in Fidelity Total Bond ETF were worth $3,674,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of FBND. Commonwealth Equity Services LLC increased its stake in Fidelity Total Bond ETF by 2.8% in the 3rd quarter. Commonwealth Equity Services LLC now owns 838,708 shares of the company’s stock worth $36,534,000 after buying an additional 23,127 shares in the last quarter. Atlas Private Wealth Management lifted its holdings in shares of Fidelity Total Bond ETF by 20.3% in the third quarter. Atlas Private Wealth Management now owns 47,286 shares of the company’s stock worth $2,060,000 after buying an additional 7,986 shares in the last quarter. Vicus Capital boosted its position in shares of Fidelity Total Bond ETF by 0.9% during the third quarter. Vicus Capital now owns 644,908 shares of the company’s stock worth $28,092,000 after acquiring an additional 5,580 shares during the last quarter. Sentinel Pension Advisors Inc. boosted its position in shares of Fidelity Total Bond ETF by 5.0% during the third quarter. Sentinel Pension Advisors Inc. now owns 220,564 shares of the company’s stock worth $9,608,000 after acquiring an additional 10,415 shares during the last quarter. Finally, Cambridge Investment Research Advisors Inc. boosted its holdings in shares of Fidelity Total Bond ETF by 26.2% during the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 575,415 shares of the company’s stock valued at $25,065,000 after purchasing an additional 119,397 shares during the last quarter.

Fidelity Total Bond ETF Stock Up 0.3 %

Shares of Fidelity Total Bond ETF stock opened at $44.23 on Tuesday. Fidelity Total Bond ETF has a twelve month low of $42.45 and a twelve month high of $46.34. The business has a 50-day moving average price of $44.93 and a 200-day moving average price of $44.83. The firm has a market cap of $8.77 billion, a price-to-earnings ratio of 8.76 and a beta of 0.15.

Fidelity Total Bond ETF 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.