Fidelity Total Bond ETF (NYSEARCA:FBND) Holdings Lifted by Buttonwood Financial Advisors Inc.

Buttonwood Financial Advisors Inc. raised its stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 10.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 255,763 shares of the company’s stock after buying an additional 25,113 shares during the quarter. Fidelity Total Bond ETF comprises approximately 5.0% of Buttonwood Financial Advisors Inc.’s holdings, making the stock its 4th largest position. Buttonwood Financial Advisors Inc. owned about 0.13% of Fidelity Total Bond ETF worth $11,476,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Cornerstone Wealth Group LLC increased its holdings in shares of Fidelity Total Bond ETF by 11.4% in the fourth quarter. Cornerstone Wealth Group LLC now owns 47,789 shares of the company’s stock worth $2,144,000 after purchasing an additional 4,900 shares during the last quarter. Capital Asset Advisory Services LLC grew its holdings in shares of Fidelity Total Bond ETF by 10.1% in the fourth quarter. Capital Asset Advisory Services LLC now owns 52,946 shares of the company’s stock valued at $2,376,000 after purchasing an additional 4,843 shares in the last quarter. Register Financial Advisors LLC increased its position in Fidelity Total Bond ETF by 5.6% in the fourth quarter. Register Financial Advisors LLC now owns 19,507 shares of the company’s stock worth $875,000 after purchasing an additional 1,032 shares during the last quarter. Bryant Woods Investment Advisors LLC bought a new position in Fidelity Total Bond ETF during the fourth quarter valued at $1,499,000. Finally, OLIO Financial Planning grew its stake in shares of Fidelity Total Bond ETF by 584.5% in the 4th quarter. OLIO Financial Planning now owns 765,888 shares of the company’s stock worth $34,365,000 after buying an additional 653,991 shares in the last quarter.

Fidelity Total Bond ETF Trading Up 0.2 %

FBND opened at $45.01 on Monday. Fidelity Total Bond ETF has a 12 month low of $44.01 and a 12 month high of $47.30. The stock has a 50-day moving average of $45.26 and a 200 day moving average of $45.84. The firm has a market cap of $8.98 billion, a P/E ratio of 8.85 and a beta of 0.19.

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.