Fidelity Total Bond ETF (NYSEARCA:FBND) is Mascoma Wealth Management LLC’s 4th Largest Position

Mascoma Wealth Management LLC lifted its stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 4.8% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 626,645 shares of the company’s stock after buying an additional 28,602 shares during the quarter. Fidelity Total Bond ETF comprises about 7.3% of Mascoma Wealth Management LLC’s holdings, making the stock its 4th biggest holding. Mascoma Wealth Management LLC’s holdings in Fidelity Total Bond ETF were worth $29,289,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of the stock. Mather Group LLC. lifted its stake in 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 valued at $165,692,000 after buying an additional 3,461,472 shares during the last quarter. Summit Financial Strategies Inc. boosted its stake in Fidelity Total Bond ETF by 4,346.0% during the 2nd quarter. Summit Financial Strategies Inc. now owns 1,295,739 shares of the company’s stock worth $58,218,000 after purchasing an additional 1,266,595 shares during the period. Crane Advisory LLC purchased a new position in Fidelity Total Bond ETF during the 3rd quarter worth $50,363,000. Quotient Wealth Partners LLC acquired a new position in Fidelity Total Bond ETF in the second quarter valued at $44,290,000. Finally, McKinley Carter Wealth Services Inc. raised its holdings in shares of Fidelity Total Bond ETF by 256.5% in 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 buying an additional 975,262 shares during the last quarter.

Fidelity Total Bond ETF Stock Down 0.2 %

Shares of FBND stock opened at $45.62 on Tuesday. The stock’s 50-day moving average price is $46.33 and its 200 day moving average price is $45.73. The stock has a market capitalization of $9.10 billion, a PE ratio of 8.85 and a beta of 0.19. Fidelity Total Bond ETF has a 52-week low of $43.34 and a 52-week high of $47.30.

Fidelity Total Bond ETF 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.