Forvis Mazars Wealth Advisors LLC Grows Holdings in Fidelity Total Bond ETF $FBND

Forvis Mazars Wealth Advisors LLC grew its holdings in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 5.4% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,586,621 shares of the company’s stock after buying an additional 133,603 shares during the quarter. Fidelity Total Bond ETF accounts for about 2.4% of Forvis Mazars Wealth Advisors LLC’s holdings, making the stock its 7th biggest position. Forvis Mazars Wealth Advisors LLC’s holdings in Fidelity Total Bond ETF were worth $119,606,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in FBND. Fifth Third Bancorp acquired a new position in Fidelity Total Bond ETF during the 2nd quarter valued at about $27,000. Caldwell Trust Co purchased a new position in shares of Fidelity Total Bond ETF during the second quarter valued at approximately $34,000. Maryland Capital Advisors Inc. grew its holdings in Fidelity Total Bond ETF by 378.5% during the third quarter. Maryland Capital Advisors Inc. now owns 823 shares of the company’s stock worth $38,000 after buying an additional 651 shares in the last quarter. Brown Lisle Cummings Inc. bought a new stake in Fidelity Total Bond ETF during the second quarter worth $38,000. Finally, Darwin Wealth Management LLC purchased a new stake in Fidelity Total Bond ETF in the 2nd quarter valued at $49,000.

Fidelity Total Bond ETF Trading Down 0.3%

Shares of NYSEARCA:FBND opened at $45.95 on Wednesday. The stock has a market cap of $23.73 billion, a PE ratio of 8.94 and a beta of 0.28. The stock’s fifty day simple moving average is $46.27 and its two-hundred day simple moving average is $46.17. Fidelity Total Bond ETF has a 1-year low of $44.30 and a 1-year high of $46.86.

Fidelity Total Bond ETF 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.