Mascoma Wealth Management LLC decreased its position in Fidelity Total Bond ETF (NYSEARCA:FBND – Free Report) by 2.1% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 766,202 shares of the company’s stock after selling 16,582 shares during the period. Fidelity Total Bond ETF makes up 7.2% of Mascoma Wealth Management LLC’s portfolio, making the stock its 4th largest position. Mascoma Wealth Management LLC owned approximately 0.14% of Fidelity Total Bond ETF worth $34,954,000 at the end of the most recent quarter.
A number of other large investors have also made changes to their positions in FBND. Root Financial Partners LLC acquired a new position in Fidelity Total Bond ETF in the fourth quarter valued at about $25,000. GHP Investment Advisors Inc. acquired a new stake in shares of Fidelity Total Bond ETF during the first quarter worth about $25,000. Rialto Wealth Management LLC bought a new position in shares of Fidelity Total Bond ETF during the 4th quarter valued at about $32,000. Tucker Asset Management LLC bought a new position in shares of Fidelity Total Bond ETF during the 4th quarter valued at about $37,000. Finally, Key Capital Management INC acquired a new position in shares of Fidelity Total Bond ETF in the 4th quarter valued at approximately $49,000.
Fidelity Total Bond ETF Stock Performance
NYSEARCA FBND traded down $0.03 during trading hours on Friday, reaching $45.25. 2,903,796 shares of the company’s stock were exchanged, compared to its average volume of 2,808,518. The company has a market capitalization of $26.51 billion, a price-to-earnings ratio of 8.94 and a beta of 0.27. The company’s 50-day moving average is $45.48 and its two-hundred day moving average is $45.87. Fidelity Total Bond ETF has a one year low of $44.82 and a one 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.
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