Landmark Wealth Management LLC Has $5.53 Million Stake in Fidelity Total Bond ETF (NYSEARCA:FBND)

Landmark Wealth Management LLC raised its position in Fidelity Total Bond ETF (NYSEARCA:FBND) by 4.3% in the 4th quarter, Holdings Channel.com reports. The firm owned 123,267 shares of the company’s stock after buying an additional 5,084 shares during the period. Fidelity Total Bond ETF makes up 2.5% of Landmark Wealth Management LLC’s portfolio, making the stock its 12th biggest holding. Landmark Wealth Management LLC’s holdings in Fidelity Total Bond ETF were worth $5,531,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in FBND. FMR LLC increased its holdings in Fidelity Total Bond ETF by 2.2% in the third quarter. FMR LLC now owns 12,604,148 shares of the company’s stock valued at $589,118,000 after purchasing an additional 267,811 shares during the period. JPMorgan Chase & Co. increased its stake in shares of Fidelity Total Bond ETF by 11.2% in the third quarter. JPMorgan Chase & Co. now owns 5,169,480 shares of the company’s stock valued at $241,622,000 after buying an additional 520,113 shares during the period. RFG Advisory LLC raised its position in shares of Fidelity Total Bond ETF by 6.2% during the fourth quarter. RFG Advisory LLC now owns 4,293,510 shares of the company’s stock worth $192,650,000 after acquiring an additional 250,764 shares during the last quarter. Mather Group LLC. lifted its stake in shares of Fidelity Total Bond ETF by 4,145.0% in the third quarter. Mather Group LLC. now owns 3,544,982 shares of the company’s stock worth $165,692,000 after acquiring an additional 3,461,472 shares during the period. Finally, Legacy Wealth Management Inc boosted its holdings in Fidelity Total Bond ETF by 4.9% in the fourth quarter. Legacy Wealth Management Inc now owns 3,080,887 shares of the company’s stock valued at $138,239,000 after acquiring an additional 143,631 shares during the last quarter.

Fidelity Total Bond ETF Stock Performance

NYSEARCA:FBND opened at $45.22 on Tuesday. The company has a market capitalization of $9.02 billion, a PE ratio of 8.85 and a beta of 0.19. Fidelity Total Bond ETF has a fifty-two week low of $44.01 and a fifty-two week high of $47.30. The company has a 50 day simple moving average of $45.26 and a two-hundred day simple moving average of $45.85.

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.