MMA Asset Management LLC Has $822,000 Stake in Fidelity Total Bond ETF $FBND

MMA Asset Management LLC grew its position in Fidelity Total Bond ETF (NYSEARCA:FBND) by 21.0% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 17,963 shares of the company’s stock after purchasing an additional 3,112 shares during the quarter. MMA Asset Management LLC’s holdings in Fidelity Total Bond ETF were worth $822,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of the company. Bogart Wealth LLC boosted its position in Fidelity Total Bond ETF by 23.3% during the first quarter. Bogart Wealth LLC now owns 1,574 shares of the company’s stock valued at $72,000 after acquiring an additional 297 shares during the last quarter. Legacy Solutions LLC raised its position in shares of Fidelity Total Bond ETF by 0.8% in the 2nd quarter. Legacy Solutions LLC now owns 49,122 shares of the company’s stock worth $2,247,000 after acquiring an additional 382 shares in the last quarter. Flagship Harbor Advisors LLC lifted its stake in shares of Fidelity Total Bond ETF by 0.7% in the 2nd quarter. Flagship Harbor Advisors LLC now owns 70,683 shares of the company’s stock valued at $3,234,000 after purchasing an additional 522 shares during the period. Post Resch Tallon Group Inc. lifted its stake in shares of Fidelity Total Bond ETF by 2.4% in the 2nd quarter. Post Resch Tallon Group Inc. now owns 22,616 shares of the company’s stock valued at $1,035,000 after purchasing an additional 530 shares during the period. Finally, BOS Asset Management LLC boosted its position in shares of Fidelity Total Bond ETF by 0.4% during the 2nd quarter. BOS Asset Management LLC now owns 130,578 shares of the company’s stock valued at $5,974,000 after purchasing an additional 566 shares in the last quarter.

Fidelity Total Bond ETF Price Performance

NYSEARCA FBND opened at $46.36 on Monday. The stock has a market capitalization of $22.15 billion, a P/E ratio of 8.94 and a beta of 0.28. The business has a 50 day simple moving average of $46.39 and a 200 day simple moving average of $45.77. Fidelity Total Bond ETF has a one year low of $44.30 and a one year high of $46.86.

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.