Fidelity Total Bond ETF $FBND Holdings Increased by CMG Global Holdings LLC

CMG Global Holdings LLC boosted its position in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 17.4% during the 4th quarter, HoldingsChannel.com reports. The firm owned 375,044 shares of the company’s stock after acquiring an additional 55,568 shares during the quarter. Fidelity Total Bond ETF makes up about 7.7% of CMG Global Holdings LLC’s portfolio, making the stock its biggest position. CMG Global Holdings LLC’s holdings in Fidelity Total Bond ETF were worth $17,226,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. EnRich Financial Partners LLC boosted its position in Fidelity Total Bond ETF by 4.0% during the third quarter. EnRich Financial Partners LLC now owns 475,238 shares of the company’s stock worth $21,975,000 after acquiring an additional 18,362 shares during the last quarter. Financial Management Network Inc. boosted its position in Fidelity Total Bond ETF by 20.3% during the fourth quarter. Financial Management Network Inc. now owns 123,217 shares of the company’s stock worth $5,673,000 after acquiring an additional 20,803 shares during the last quarter. Sunburst Financial Group LLC boosted its position in Fidelity Total Bond ETF by 2.6% during the fourth quarter. Sunburst Financial Group LLC now owns 1,110,436 shares of the company’s stock worth $51,124,000 after acquiring an additional 28,089 shares during the last quarter. Drake & Associates LLC boosted its position in Fidelity Total Bond ETF by 14.3% during the third quarter. Drake & Associates LLC now owns 837,627 shares of the company’s stock worth $38,698,000 after acquiring an additional 104,664 shares during the last quarter. Finally, Coyle Financial Counsel LLC boosted its position in Fidelity Total Bond ETF by 21.8% during the third quarter. Coyle Financial Counsel LLC now owns 735,709 shares of the company’s stock worth $34,019,000 after acquiring an additional 131,713 shares during the last quarter.

Fidelity Total Bond ETF Stock Performance

Shares of NYSEARCA FBND opened at $45.22 on Monday. The firm has a market cap of $25.34 billion, a P/E ratio of 8.94 and a beta of 0.28. The firm’s 50 day moving average price is $45.78 and its 200 day moving average price is $46.12. Fidelity Total Bond ETF has a 1 year low of $44.73 and a 1 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.