Fidelity Total Bond ETF $FBND is Buttonwood Financial Advisors Inc.’s 4th Largest Position

Buttonwood Financial Advisors Inc. grew its holdings in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 4.7% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 426,451 shares of the company’s stock after buying an additional 19,324 shares during the period. Fidelity Total Bond ETF accounts for approximately 5.9% of Buttonwood Financial Advisors Inc.’s holdings, making the stock its 4th biggest position. Buttonwood Financial Advisors Inc.’s holdings in Fidelity Total Bond ETF were worth $19,399,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Root Financial Partners LLC bought a new position in shares of Fidelity Total Bond ETF during the fourth quarter valued at approximately $25,000. GHP Investment Advisors Inc. bought a new stake in shares of Fidelity Total Bond ETF in the 1st quarter worth approximately $25,000. Community Financial Services Group LLC bought a new stake in shares of Fidelity Total Bond ETF in the 2nd quarter worth approximately $32,000. Tucker Asset Management LLC purchased a new stake in shares of Fidelity Total Bond ETF in the 4th quarter worth approximately $37,000. Finally, Key Capital Management INC purchased a new stake in shares of Fidelity Total Bond ETF in the 4th quarter worth approximately $49,000.

Fidelity Total Bond ETF Stock Up 0.0%

FBND stock opened at $44.91 on Thursday. Fidelity Total Bond ETF has a twelve month low of $44.65 and a twelve month high of $46.86. The firm has a market cap of $27.21 billion, a PE ratio of 8.94 and a beta of 0.27. The business has a 50 day moving average of $45.27 and a 200 day moving average of $45.68.

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.