Mather Group LLC. Has $3.78 Million Stake in Fidelity Total Bond ETF (NYSEARCA:FBND)

Mather Group LLC. lifted its holdings in Fidelity Total Bond ETF (NYSEARCA:FBND) by 4.6% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 83,510 shares of the company’s stock after acquiring an additional 3,707 shares during the quarter. Mather Group LLC.’s holdings in Fidelity Total Bond ETF were worth $3,784,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of FBND. Private Trust Co. NA lifted its position in shares of Fidelity Total Bond ETF by 51.2% during the fourth quarter. Private Trust Co. NA now owns 1,616 shares of the company’s stock worth $74,000 after purchasing an additional 547 shares in the last quarter. International Assets Investment Management LLC bought a new position in Fidelity Total Bond ETF in the 4th quarter valued at $3,589,000. Stratos Wealth Advisors LLC increased its stake in shares of Fidelity Total Bond ETF by 362.3% in the 4th quarter. Stratos Wealth Advisors LLC now owns 38,873 shares of the company’s stock valued at $1,790,000 after buying an additional 30,464 shares during the period. Capital Wealth Management LLC lifted its stake in shares of Fidelity Total Bond ETF by 10.7% during the fourth quarter. Capital Wealth Management LLC now owns 243,561 shares of the company’s stock valued at $11,214,000 after acquiring an additional 23,591 shares during the period. Finally, Financial & Tax Architects LLC bought a new stake in Fidelity Total Bond ETF during the 4th quarter worth about $13,668,000.

Fidelity Total Bond ETF Trading Down 0.6 %

Shares of NYSEARCA:FBND traded down $0.27 during trading on Tuesday, hitting $46.13. 1,694,103 shares of the company’s stock were exchanged, compared to its average volume of 1,260,002. The firm has a 50-day moving average price of $45.32 and a two-hundred day moving average price of $45.11. Fidelity Total Bond ETF has a 1-year low of $42.45 and a 1-year high of $46.71. The firm has a market cap of $9.21 billion, a P/E ratio of 8.85 and a beta of 0.19.

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.