Fidelity Total Bond ETF (NYSEARCA:FBND) Stake Increased by CMH Wealth Management LLC

CMH Wealth Management LLC lifted its holdings in Fidelity Total Bond ETF (NYSEARCA:FBND) by 7.8% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 138,891 shares of the company’s stock after acquiring an additional 10,097 shares during the quarter. CMH Wealth Management LLC’s holdings in Fidelity Total Bond ETF were worth $6,265,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Mather Group LLC. boosted its position in Fidelity Total Bond ETF by 4,145.0% during the 3rd 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. Crane Advisory LLC purchased a new stake in shares of Fidelity Total Bond ETF in the third quarter worth approximately $50,363,000. Thrivent Financial for Lutherans boosted its holdings in shares of Fidelity Total Bond ETF by 85.1% during the third quarter. Thrivent Financial for Lutherans now owns 2,159,030 shares of the company’s stock worth $100,976,000 after purchasing an additional 992,739 shares during the period. McKinley Carter Wealth Services Inc. grew its position in Fidelity Total Bond ETF by 256.5% during the third quarter. McKinley Carter Wealth Services Inc. now owns 1,355,457 shares of the company’s stock valued at $63,354,000 after purchasing an additional 975,262 shares in the last quarter. Finally, Fermata Advisors LLC grew its position in Fidelity Total Bond ETF by 771.5% during the third quarter. Fermata Advisors LLC now owns 1,046,658 shares of the company’s stock valued at $48,921,000 after purchasing an additional 926,557 shares in the last quarter.

Fidelity Total Bond ETF Stock Down 0.0 %

FBND stock opened at $44.92 on Tuesday. The company has a 50 day moving average of $45.28 and a two-hundred day moving average of $45.86. The company has a market cap of $8.96 billion, a price-to-earnings ratio of 8.85 and a beta of 0.19. Fidelity Total Bond ETF has a 12-month low of $44.01 and a 12-month high of $47.30.

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.