Mascoma Wealth Management LLC grew its stake in Fidelity Total Bond ETF (NYSEARCA:FBND – Free Report) by 4.8% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 626,645 shares of the company’s stock after acquiring an additional 28,602 shares during the quarter. Fidelity Total Bond ETF comprises about 7.3% of Mascoma Wealth Management LLC’s portfolio, making the stock its 4th biggest position. Mascoma Wealth Management LLC owned approximately 0.31% of Fidelity Total Bond ETF worth $29,289,000 as of its most recent filing with the Securities and Exchange Commission.
Other large investors have also recently made changes to their positions in the company. Northwest Investment Counselors LLC acquired a new stake in Fidelity Total Bond ETF in the 3rd quarter worth approximately $30,000. Transcendent Capital Group LLC acquired a new stake in Fidelity Total Bond ETF during the 2nd quarter worth about $32,000. Highline Wealth Partners LLC purchased a new stake in Fidelity Total Bond ETF during the 3rd quarter valued at about $47,000. Strategic Financial Concepts LLC acquired a new position in shares of Fidelity Total Bond ETF in the second quarter valued at about $49,000. Finally, Bell Investment Advisors Inc acquired a new position in shares of Fidelity Total Bond ETF in the second quarter valued at about $55,000.
Fidelity Total Bond ETF Stock Performance
FBND stock opened at $45.62 on Tuesday. Fidelity Total Bond ETF has a one year low of $43.34 and a one year high of $47.30. The firm’s fifty day moving average is $46.33 and its 200 day moving average is $45.73. The firm has a market cap of $9.10 billion, a PE ratio of 8.85 and a beta of 0.19.
About Fidelity Total Bond ETF
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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