Mayfair Advisory Group LLC Increases Stock Holdings in Fidelity Total Bond ETF (NYSEARCA:FBND)

Mayfair Advisory Group LLC lifted its position in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 7.1% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 181,699 shares of the company’s stock after purchasing an additional 12,055 shares during the quarter. Fidelity Total Bond ETF accounts for 5.3% of Mayfair Advisory Group LLC’s investment portfolio, making the stock its 5th largest holding. Mayfair Advisory Group LLC’s holdings in Fidelity Total Bond ETF were worth $8,409,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of the business. PNC Financial Services Group Inc. purchased a new position in shares of Fidelity Total Bond ETF during the fourth quarter valued at approximately $58,000. Park Avenue Securities LLC increased its position in shares of Fidelity Total Bond ETF by 5.8% during the first quarter. Park Avenue Securities LLC now owns 14,889 shares of the company’s stock valued at $675,000 after acquiring an additional 820 shares during the last quarter. Vicus Capital boosted its position in Fidelity Total Bond ETF by 5.0% in the first quarter. Vicus Capital now owns 694,769 shares of the company’s stock worth $31,480,000 after purchasing an additional 32,947 shares during the last quarter. CRA Financial Services LLC purchased a new stake in shares of Fidelity Total Bond ETF during the 1st quarter valued at $325,000. Finally, Physician Wealth Advisors Inc. boosted its holdings in shares of Fidelity Total Bond ETF by 21.6% in the 1st quarter. Physician Wealth Advisors Inc. now owns 209,933 shares of the company’s stock worth $9,250,000 after buying an additional 37,225 shares during the last quarter.

Fidelity Total Bond ETF Stock Down 0.2 %

FBND opened at $45.71 on Friday. The company’s 50-day moving average price is $46.54 and its two-hundred day moving average price is $45.62. Fidelity Total Bond ETF has a twelve month low of $42.56 and a twelve month high of $47.30. The stock has a market cap of $9.12 billion, a price-to-earnings ratio of 8.85 and a beta of 0.19.

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.