Fidelity Total Bond ETF $FBND Shares Bought by Mustico Financial Group Inc.

Mustico Financial Group Inc. grew its holdings in Fidelity Total Bond ETF (NYSEARCA:FBND) by 31.3% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 262,336 shares of the company’s stock after purchasing an additional 62,579 shares during the quarter. Fidelity Total Bond ETF makes up approximately 7.4% of Mustico Financial Group Inc.’s portfolio, making the stock its 5th largest holding. Mustico Financial Group Inc.’s holdings in Fidelity Total Bond ETF were worth $12,054,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Root Financial Partners LLC purchased a new stake in Fidelity Total Bond ETF in the 4th quarter valued at approximately $25,000. GHP Investment Advisors Inc. purchased a new position in Fidelity Total Bond ETF during the first quarter worth $25,000. Tucker Asset Management LLC acquired a new position in shares of Fidelity Total Bond ETF in the fourth quarter worth $37,000. Key Capital Management INC acquired a new position in shares of Fidelity Total Bond ETF in the fourth quarter worth $49,000. Finally, Darwin Wealth Management LLC purchased a new stake in shares of Fidelity Total Bond ETF in the second quarter valued at $49,000.

Fidelity Total Bond ETF Stock Up 0.1%

FBND opened at $44.97 on Friday. The firm has a market cap of $27.10 billion, a P/E ratio of 8.94 and a beta of 0.27. The business’s fifty day simple moving average is $45.39 and its 200 day simple moving average is $45.79. Fidelity Total Bond ETF has a 52 week low of $44.82 and a 52 week high of $46.86.

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.