Mountain Hill Investment Partners Corp. Has $14.66 Million Stock Position in Fidelity Total Bond ETF $FBND

Mountain Hill Investment Partners Corp. boosted its holdings in Fidelity Total Bond ETF (NYSEARCA:FBND) by 4.8% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 322,348 shares of the company’s stock after acquiring an additional 14,799 shares during the period. Fidelity Total Bond ETF comprises about 8.3% of Mountain Hill Investment Partners Corp.’s investment portfolio, making the stock its 3rd biggest holding. Mountain Hill Investment Partners Corp. owned about 0.05% of Fidelity Total Bond ETF worth $14,664,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently bought and sold shares 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. acquired a new position in Fidelity Total Bond ETF during the 1st quarter valued at approximately $25,000. Community Financial Services Group LLC acquired a new position in Fidelity Total Bond ETF during the 2nd quarter valued at approximately $32,000. Tucker Asset Management LLC bought a new position in Fidelity Total Bond ETF during the 4th quarter worth $37,000. Finally, Key Capital Management INC bought a new position in Fidelity Total Bond ETF during the 4th quarter worth $49,000.

Fidelity Total Bond ETF Price Performance

Shares of NYSEARCA FBND opened at $44.91 on Thursday. The firm has a market capitalization of $27.21 billion, a PE ratio of 8.94 and a beta of 0.27. Fidelity Total Bond ETF has a 1-year low of $44.65 and a 1-year high of $46.86. The business’s fifty day moving average price is $45.27 and its two-hundred day moving average price is $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.