Fidelity Total Bond ETF $FBND Position Boosted by Mascoma Wealth Management LLC

Mascoma Wealth Management LLC increased its holdings in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 3.7% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 831,803 shares of the company’s stock after purchasing an additional 29,844 shares during the quarter. Fidelity Total Bond ETF accounts for approximately 6.5% of Mascoma Wealth Management LLC’s portfolio, making the stock its 4th biggest position. Mascoma Wealth Management LLC owned about 0.13% of Fidelity Total Bond ETF worth $36,017,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. GHP Investment Advisors Inc. purchased a new position in Fidelity Total Bond ETF during the first quarter worth about $25,000. Community Financial Services Group LLC acquired a new stake in shares of Fidelity Total Bond ETF during the second quarter valued at about $32,000. Maryland Capital Advisors Inc. acquired a new stake in shares of Fidelity Total Bond ETF during the second quarter valued at about $37,000. Manning & Napier Advisors LLC acquired a new stake in shares of Fidelity Total Bond ETF during the first quarter valued at about $53,000. Finally, Sound Income Strategies LLC raised its stake in shares of Fidelity Total Bond ETF by 180.6% in the 1st quarter. Sound Income Strategies LLC now owns 1,316 shares of the company’s stock valued at $60,000 after acquiring an additional 847 shares during the period.

Fidelity Total Bond ETF Stock Performance

Fidelity Total Bond ETF stock opened at $44.05 on Friday. The company’s 50 day simple moving average is $44.17 and its 200-day simple moving average is $44.99. The company has a market capitalization of $28.40 billion, a price-to-earnings ratio of 8.94 and a beta of 0.28. Fidelity Total Bond ETF has a 1 year low of $43.11 and a 1 year 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.