Fidelity Total Bond ETF $FBND Stock Sold by Mather Group LLC.

Mather Group LLC. decreased its position in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 0.3% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 4,097,784 shares of the company’s stock after selling 12,341 shares during the period. Fidelity Total Bond ETF comprises about 1.5% of Mather Group LLC.’s investment portfolio, making the stock its 15th largest holding. Mather Group LLC.’s holdings in Fidelity Total Bond ETF were worth $177,434,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the company. Bank of America Corp DE boosted its holdings in shares of Fidelity Total Bond ETF by 6.3% in the 1st quarter. Bank of America Corp DE now owns 14,706,838 shares of the company’s stock worth $670,926,000 after acquiring an additional 871,672 shares in the last quarter. Envestnet Asset Management Inc. grew its position in Fidelity Total Bond ETF by 7.9% during the 2nd quarter. Envestnet Asset Management Inc. now owns 8,059,617 shares of the company’s stock worth $366,632,000 after acquiring an additional 587,351 shares during the last quarter. Cetera Investment Advisers grew its position in Fidelity Total Bond ETF by 15.9% during the 1st quarter. Cetera Investment Advisers now owns 6,801,133 shares of the company’s stock worth $310,268,000 after acquiring an additional 930,834 shares during the last quarter. Sax Wealth Advisors LLC increased its holdings in Fidelity Total Bond ETF by 49.8% during the 3rd quarter. Sax Wealth Advisors LLC now owns 6,727,943 shares of the company’s stock valued at $291,320,000 after purchasing an additional 2,236,473 shares in the last quarter. Finally, Quotient Wealth Partners LLC increased its holdings in Fidelity Total Bond ETF by 32.9% during the 1st quarter. Quotient Wealth Partners LLC now owns 6,501,284 shares of the company’s stock valued at $296,589,000 after purchasing an additional 1,609,056 shares in the last quarter.

Fidelity Total Bond ETF Price Performance

FBND stock opened at $43.54 on Thursday. The business has a fifty day moving average price of $44.32 and a 200 day moving average price of $45.07. Fidelity Total Bond ETF has a fifty-two week low of $43.11 and a fifty-two week high of $46.86. The stock has a market capitalization of $28.07 billion, a price-to-earnings ratio of 8.94 and a beta of 0.28.

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.