CMG Global Holdings LLC Grows Stock Holdings in Fidelity Total Bond ETF (NYSEARCA:FBND)

CMG Global Holdings LLC raised its position in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 90.5% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 385,023 shares of the company’s stock after acquiring an additional 182,889 shares during the period. Fidelity Total Bond ETF makes up approximately 10.2% of CMG Global Holdings LLC’s investment portfolio, making the stock its 2nd largest position. CMG Global Holdings LLC owned about 0.19% of Fidelity Total Bond ETF worth $17,996,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in FBND. Peterson Wealth Advisors LLC increased its holdings in Fidelity Total Bond ETF by 0.8% in the 3rd quarter. Peterson Wealth Advisors LLC now owns 31,396 shares of the company’s stock worth $1,467,000 after purchasing an additional 246 shares in the last quarter. Capital CS Group LLC grew its holdings in shares of Fidelity Total Bond ETF by 5.1% during the second quarter. Capital CS Group LLC now owns 6,027 shares of the company’s stock worth $271,000 after purchasing an additional 294 shares during the last quarter. Regatta Capital Group LLC increased its stake in shares of Fidelity Total Bond ETF by 2.3% in the third quarter. Regatta Capital Group LLC now owns 13,713 shares of the company’s stock valued at $641,000 after buying an additional 304 shares during the period. Capital Planning LLC raised its holdings in Fidelity Total Bond ETF by 0.9% in the 2nd quarter. Capital Planning LLC now owns 45,501 shares of the company’s stock valued at $2,053,000 after buying an additional 388 shares during the last quarter. Finally, McElhenny Sheffield Capital Management LLC boosted its position in Fidelity Total Bond ETF by 4.0% during the 2nd quarter. McElhenny Sheffield Capital Management LLC now owns 10,594 shares of the company’s stock worth $476,000 after buying an additional 404 shares during the period.

Fidelity Total Bond ETF Trading Up 0.1 %

Shares of Fidelity Total Bond ETF stock opened at $45.44 on Friday. The business has a 50-day moving average price of $46.06 and a two-hundred day moving average price of $45.77. Fidelity Total Bond ETF has a 1-year low of $44.01 and a 1-year high of $47.30. The company has a market cap of $9.07 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.