Landmark Wealth Management LLC Takes $5.52 Million Position in Fidelity Total Bond ETF (NYSEARCA:FBND)

Landmark Wealth Management LLC acquired a new stake in Fidelity Total Bond ETF (NYSEARCA:FBND) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 118,183 shares of the company’s stock, valued at approximately $5,524,000. Fidelity Total Bond ETF accounts for 2.4% of Landmark Wealth Management LLC’s portfolio, making the stock its 12th biggest holding. Landmark Wealth Management LLC owned about 0.06% of Fidelity Total Bond ETF at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of FBND. PNC Financial Services Group Inc. bought a new stake in shares of Fidelity Total Bond ETF during the 4th quarter valued at about $58,000. Janney Montgomery Scott LLC raised its position in Fidelity Total Bond ETF by 28.2% in the 1st quarter. Janney Montgomery Scott LLC now owns 109,082 shares of the company’s stock worth $4,943,000 after purchasing an additional 23,987 shares during the period. Rehmann Capital Advisory Group lifted its stake in Fidelity Total Bond ETF by 57.4% in the first quarter. Rehmann Capital Advisory Group now owns 14,859 shares of the company’s stock worth $673,000 after purchasing an additional 5,421 shares during the last quarter. Csenge Advisory Group grew its stake in shares of Fidelity Total Bond ETF by 21.7% during the first quarter. Csenge Advisory Group now owns 83,124 shares of the company’s stock valued at $3,766,000 after buying an additional 14,807 shares during the last quarter. Finally, 9258 Wealth Management LLC purchased a new stake in Fidelity Total Bond ETF during the 1st quarter valued at about $207,000.

Fidelity Total Bond ETF Price Performance

Shares of Fidelity Total Bond ETF stock opened at $45.51 on Tuesday. The stock has a market capitalization of $9.08 billion, a P/E ratio of 8.85 and a beta of 0.19. Fidelity Total Bond ETF has a one year low of $43.34 and a one year high of $47.30. The business’s 50 day simple moving average is $46.42 and its two-hundred day simple moving average is $45.68.

About Fidelity Total Bond ETF

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.