Fidelity Total Bond ETF $FBND Shares Bought by Forvis Mazars Wealth Advisors LLC

Forvis Mazars Wealth Advisors LLC boosted its holdings in Fidelity Total Bond ETF (NYSEARCA:FBND) by 5.4% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,586,621 shares of the company’s stock after buying an additional 133,603 shares during the quarter. Fidelity Total Bond ETF makes up approximately 2.4% of Forvis Mazars Wealth Advisors LLC’s investment portfolio, making the stock its 7th largest position. Forvis Mazars Wealth Advisors LLC owned 0.54% of Fidelity Total Bond ETF worth $119,606,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in FBND. Fifth Third Bancorp bought a new position in shares of Fidelity Total Bond ETF during the second quarter valued at $27,000. Caldwell Trust Co acquired a new stake in Fidelity Total Bond ETF in the second quarter valued at $34,000. Brown Lisle Cummings Inc. bought a new position in Fidelity Total Bond ETF during the 2nd quarter worth $38,000. Maryland Capital Advisors Inc. lifted its holdings in Fidelity Total Bond ETF by 378.5% during the 3rd quarter. Maryland Capital Advisors Inc. now owns 823 shares of the company’s stock worth $38,000 after buying an additional 651 shares during the period. Finally, Darwin Wealth Management LLC bought a new stake in shares of Fidelity Total Bond ETF in the 2nd quarter valued at about $49,000.

Fidelity Total Bond ETF Trading Down 0.3%

Shares of FBND stock opened at $45.95 on Wednesday. Fidelity Total Bond ETF has a 1-year low of $44.30 and a 1-year high of $46.86. The stock has a market cap of $23.73 billion, a price-to-earnings ratio of 8.94 and a beta of 0.28. The stock has a 50-day moving average of $46.27 and a 200-day moving average of $46.17.

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.