Fidelity Total Bond ETF (NYSEARCA:FBND) Stake Boosted by Buttonwood Financial Advisors Inc.

Buttonwood Financial Advisors Inc. increased its holdings in Fidelity Total Bond ETF (NYSEARCA:FBND) by 10.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 255,763 shares of the company’s stock after acquiring an additional 25,113 shares during the quarter. Fidelity Total Bond ETF makes up about 5.0% of Buttonwood Financial Advisors Inc.’s investment portfolio, making the stock its 4th largest position. Buttonwood Financial Advisors Inc.’s holdings in Fidelity Total Bond ETF were worth $11,476,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in FBND. Wealthcare Capital Management LLC lifted its position in Fidelity Total Bond ETF by 3.0% during the fourth quarter. Wealthcare Capital Management LLC now owns 7,935 shares of the company’s stock valued at $356,000 after acquiring an additional 231 shares during the last quarter. Peterson Wealth Advisors LLC increased its position in shares of Fidelity Total Bond ETF by 0.8% during the third quarter. Peterson Wealth Advisors LLC now owns 31,396 shares of the company’s stock worth $1,467,000 after purchasing an additional 246 shares in the last quarter. Regatta Capital Group LLC increased its position in shares of Fidelity Total Bond ETF by 2.3% during the third quarter. Regatta Capital Group LLC now owns 13,713 shares of the company’s stock worth $641,000 after purchasing an additional 304 shares in the last quarter. Galvin Gaustad & Stein LLC lifted its holdings in shares of Fidelity Total Bond ETF by 0.8% during the 4th quarter. Galvin Gaustad & Stein LLC now owns 48,479 shares of the company’s stock valued at $2,175,000 after purchasing an additional 386 shares during the last quarter. Finally, Mark Sheptoff Financial Planning LLC acquired a new stake in shares of Fidelity Total Bond ETF in the 3rd quarter worth $25,000.

Fidelity Total Bond ETF Stock Performance

Fidelity Total Bond ETF stock opened at $45.01 on Monday. The stock has a market cap of $8.98 billion, a PE ratio of 8.85 and a beta of 0.19. The stock has a 50-day moving average of $45.26 and a two-hundred day moving average of $45.84. Fidelity Total Bond ETF has a one year low of $44.01 and a one year high of $47.30.

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.