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

McGlone Suttner Wealth Management Inc. grew its stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 38.3% in the 4th quarter, Holdings Channel reports. The firm owned 895,790 shares of the company’s stock after acquiring an additional 247,922 shares during the quarter. Fidelity Total Bond ETF comprises approximately 6.7% of McGlone Suttner Wealth Management Inc.’s holdings, making the stock its 5th biggest position. McGlone Suttner Wealth Management Inc.’s holdings in Fidelity Total Bond ETF were worth $40,194,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Renaissance Technologies LLC purchased a new stake in shares of Fidelity Total Bond ETF in the 2nd quarter valued at approximately $2,687,000. AE Wealth Management LLC lifted its position in Fidelity Total Bond ETF by 4.7% during the 2nd quarter. AE Wealth Management LLC now owns 10,296 shares of the company’s stock worth $463,000 after acquiring an additional 459 shares during the last quarter. EverSource Wealth Advisors LLC boosted its stake in Fidelity Total Bond ETF by 12.9% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 4,988 shares of the company’s stock valued at $229,000 after purchasing an additional 570 shares during the period. Bank of Montreal Can grew its stake in shares of Fidelity Total Bond ETF by 17.9% in the second quarter. Bank of Montreal Can now owns 9,217 shares of the company’s stock worth $419,000 after acquiring an additional 1,397 shares during the last quarter. Finally, Susquehanna International Group LLP grew its position in Fidelity Total Bond ETF by 2,296.1% during the second quarter. Susquehanna International Group LLP now owns 278,262 shares of the company’s stock worth $12,502,000 after buying an additional 266,649 shares in the last quarter.

Fidelity Total Bond ETF Price Performance

Shares of Fidelity Total Bond ETF stock opened at $44.91 on Friday. Fidelity Total Bond ETF has a 52-week low of $44.01 and a 52-week high of $47.30. The firm has a market capitalization of $8.96 billion, a PE ratio of 8.85 and a beta of 0.19. The company’s fifty day moving average price is $45.27 and its two-hundred day moving average price is $45.85.

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.