Mather Group LLC. Buys 3,461,472 Shares of Fidelity Total Bond ETF (NYSEARCA:FBND)

Mather Group LLC. boosted its stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 4,145.0% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,544,982 shares of the company’s stock after buying an additional 3,461,472 shares during the period. Fidelity Total Bond ETF makes up about 2.1% of Mather Group LLC.’s investment portfolio, making the stock its 15th largest holding. Mather Group LLC. owned 1.78% of Fidelity Total Bond ETF worth $165,692,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the stock. EWG Elevate Inc. lifted its position in Fidelity Total Bond ETF by 6.7% during the third quarter. EWG Elevate Inc. now owns 20,524 shares of the company’s stock valued at $959,000 after purchasing an additional 1,295 shares during the period. Eagle Rock Investment Company LLC boosted its stake in shares of Fidelity Total Bond ETF by 126.0% in the 3rd quarter. Eagle Rock Investment Company LLC now owns 45,459 shares of the company’s stock worth $2,125,000 after buying an additional 25,346 shares during the last quarter. WealthBridge Capital Management LLC grew its holdings in shares of Fidelity Total Bond ETF by 76.3% in the third quarter. WealthBridge Capital Management LLC now owns 14,720 shares of the company’s stock worth $688,000 after acquiring an additional 6,370 shares during the period. Park Avenue Securities LLC increased its position in Fidelity Total Bond ETF by 11.6% during the third quarter. Park Avenue Securities LLC now owns 16,852 shares of the company’s stock valued at $788,000 after acquiring an additional 1,754 shares during the last quarter. Finally, Unique Wealth LLC bought a new position in Fidelity Total Bond ETF in the third quarter valued at about $2,239,000.

Fidelity Total Bond ETF Stock Down 0.3 %

Fidelity Total Bond ETF stock opened at $46.16 on Tuesday. Fidelity Total Bond ETF has a 52-week low of $42.45 and a 52-week high of $47.30. The company has a market cap of $9.21 billion, a P/E ratio of 8.85 and a beta of 0.19. The business has a 50-day simple moving average of $46.58 and a two-hundred day simple moving average of $45.54.

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.