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

by · The Cerbat Gem

Masso Torrence Wealth Management Inc. increased its holdings in shares of Fidelity Total Bond ETF (NYSEARCA:FBND – Free Report) by 0.9% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 118,222 shares of the company’s stock after buying an additional 1,024 shares during the quarter. Fidelity Total Bond ETF accounts for approximately 3.0% of Masso Torrence Wealth Management Inc.’s holdings, making the stock its 10th largest holding. Masso Torrence Wealth Management Inc. owned 0.06% of Fidelity Total Bond ETF worth $5,526,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Mather Group LLC. increased its stake 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 purchasing an additional 3,461,472 shares in the last quarter. Summit Financial Strategies Inc. increased its position in shares of Fidelity Total Bond ETF by 4,346.0% during the second quarter. Summit Financial Strategies Inc. now owns 1,295,739 shares of the company’s stock worth $58,218,000 after acquiring an additional 1,266,595 shares in the last quarter. Crane Advisory LLC acquired a new stake in shares of Fidelity Total Bond ETF during the third quarter worth $50,363,000. Quotient Wealth Partners LLC bought a new stake in Fidelity Total Bond ETF in the 2nd quarter valued at $44,290,000. Finally, McKinley Carter Wealth Services Inc. raised its stake in shares of Fidelity Total Bond ETF by 256.5% in the 3rd 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 during the period.

Fidelity Total Bond ETF Trading Down 0.2 %

Shares of FBND stock traded down $0.08 on Friday, hitting $45.71. 1,676,414 shares of the stock were exchanged, compared to its average volume of 1,355,873. The firm has a market capitalization of $9.12 billion, a P/E ratio of 8.85 and a beta of 0.19. Fidelity Total Bond ETF has a fifty-two week low of $42.56 and a fifty-two week high of $47.30. The business has a 50-day moving average of $46.54 and a 200 day moving average of $45.62.

About Fidelity Total Bond ETF

(Free Report)

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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