Fidelity Total Bond ETF (NYSEARCA:FBND) Shares Bought by McGlone Suttner Wealth Management Inc.

McGlone Suttner Wealth Management Inc. raised its stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 4.2% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 764,037 shares of the company’s stock after purchasing an additional 30,856 shares during the period. Fidelity Total Bond ETF accounts for about 7.0% of McGlone Suttner Wealth Management Inc.’s holdings, making the stock its 4th biggest position. McGlone Suttner Wealth Management Inc.’s holdings in Fidelity Total Bond ETF were worth $35,176,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of FBND. Country Trust Bank lifted its stake in shares of Fidelity Total Bond ETF by 4.2% in the 3rd quarter. Country Trust Bank now owns 4,904,177 shares of the company’s stock valued at $213,626,000 after purchasing an additional 198,664 shares during the last quarter. Bank of America Corp DE lifted its position in Fidelity Total Bond ETF by 316.7% during the 1st quarter. Bank of America Corp DE now owns 3,081,245 shares of the company’s stock worth $141,737,000 after acquiring an additional 2,341,860 shares during the last quarter. RFG Advisory LLC lifted its position in Fidelity Total Bond ETF by 15.9% during the 3rd quarter. RFG Advisory LLC now owns 3,080,578 shares of the company’s stock worth $134,190,000 after acquiring an additional 423,323 shares during the last quarter. JPMorgan Chase & Co. lifted its position in Fidelity Total Bond ETF by 2,874.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 3,007,184 shares of the company’s stock worth $130,996,000 after acquiring an additional 2,906,069 shares during the last quarter. Finally, Legacy Wealth Management Inc acquired a new position in Fidelity Total Bond ETF during the 3rd quarter worth $120,780,000.

Fidelity Total Bond ETF Trading Down 0.1 %

Fidelity Total Bond ETF stock traded down $0.04 on Thursday, reaching $45.31. 1,002,118 shares of the stock were exchanged, compared to its average volume of 1,013,486. The stock has a market cap of $4.35 billion, a PE ratio of 12.64 and a beta of 0.17. Fidelity Total Bond ETF has a twelve month low of $42.45 and a twelve month high of $46.53. The firm has a fifty day moving average price of $45.31 and a two-hundred day moving average price of $44.70.

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.