Cyndeo Wealth Partners LLC Has $23.67 Million Stock Holdings in Fidelity Total Bond ETF $FBND

Cyndeo Wealth Partners LLC boosted its stake in Fidelity Total Bond ETF (NYSEARCA:FBND) by 0.7% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 517,455 shares of the company’s stock after purchasing an additional 3,668 shares during the period. Fidelity Total Bond ETF makes up approximately 1.4% of Cyndeo Wealth Partners LLC’s holdings, making the stock its 9th largest position. Cyndeo Wealth Partners LLC owned about 0.12% of Fidelity Total Bond ETF worth $23,674,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the stock. Tritonpoint Wealth LLC grew its position in shares of Fidelity Total Bond ETF by 2.2% during the 2nd quarter. Tritonpoint Wealth LLC now owns 56,926 shares of the company’s stock valued at $2,614,000 after acquiring an additional 1,239 shares during the period. Diversified Trust Co bought a new stake in shares of Fidelity Total Bond ETF during the 2nd quarter valued at $427,000. Beacon Capital Management LLC grew its position in shares of Fidelity Total Bond ETF by 84.6% during the 2nd quarter. Beacon Capital Management LLC now owns 4,549 shares of the company’s stock valued at $208,000 after acquiring an additional 2,085 shares during the period. Cerity Partners LLC grew its position in shares of Fidelity Total Bond ETF by 27.5% during the 1st quarter. Cerity Partners LLC now owns 8,008 shares of the company’s stock valued at $366,000 after acquiring an additional 1,729 shares during the period. Finally, Wealth Enhancement Advisory Services LLC grew its position in shares of Fidelity Total Bond ETF by 1.8% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 150,385 shares of the company’s stock valued at $6,862,000 after acquiring an additional 2,642 shares during the period.

Fidelity Total Bond ETF Price Performance

Shares of FBND stock opened at $46.27 on Friday. Fidelity Total Bond ETF has a 1 year low of $44.30 and a 1 year high of $46.82. The firm has a fifty day moving average price of $46.14 and a 200-day moving average price of $45.61. The company has a market cap of $21.24 billion, a price-to-earnings ratio of 8.94 and a beta of 0.17.

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.