M Holdings Securities Inc. Acquires New Stake in Fidelity Total Bond ETF $FBND

M Holdings Securities Inc. acquired a new stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 127,188 shares of the company’s stock, valued at approximately $5,613,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Community Financial Services Group LLC bought a new stake in shares of Fidelity Total Bond ETF in the second quarter valued at $32,000. Maryland Capital Advisors Inc. purchased a new position in shares of Fidelity Total Bond ETF during the 2nd quarter valued at $37,000. Manning & Napier Advisors LLC bought a new position in shares of Fidelity Total Bond ETF during the 1st quarter worth $53,000. Mosley Wealth Management bought a new position in shares of Fidelity Total Bond ETF during the 3rd quarter worth $64,000. Finally, Archer Investment Corp grew its stake in shares of Fidelity Total Bond ETF by 17.2% during the 1st quarter. Archer Investment Corp now owns 2,216 shares of the company’s stock worth $101,000 after acquiring an additional 325 shares during the period.

Fidelity Total Bond ETF Stock Performance

Shares of FBND opened at $44.33 on Monday. The business has a 50-day moving average of $44.01 and a 200 day moving average of $45.23. Fidelity Total Bond ETF has a fifty-two week low of $43.11 and a fifty-two week high of $46.78. The firm has a market cap of $28.58 billion, a P/E ratio of 8.94 and a beta of 0.28.

About Fidelity Total Bond ETF

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.