Madison Wealth Partners Inc Buys 8,129 Shares of Fidelity Total Bond ETF (NYSEARCA:FBND)

Madison Wealth Partners Inc grew its stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 9.0% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 98,658 shares of the company’s stock after acquiring an additional 8,129 shares during the period. Fidelity Total Bond ETF accounts for 1.5% of Madison Wealth Partners Inc’s holdings, making the stock its 14th largest position. Madison Wealth Partners Inc’s holdings in Fidelity Total Bond ETF were worth $4,433,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently made changes to their positions in the company. Country Trust Bank raised its stake in Fidelity Total Bond ETF by 12.7% in the 2nd quarter. Country Trust Bank now owns 5,960,744 shares of the company’s stock worth $267,816,000 after purchasing an additional 672,872 shares in the last quarter. Envestnet Asset Management Inc. boosted its stake in shares of Fidelity Total Bond ETF by 27.5% in the second quarter. Envestnet Asset Management Inc. now owns 3,824,123 shares of the company’s stock valued at $171,818,000 after buying an additional 825,448 shares during the period. RFG Advisory LLC grew its position in Fidelity Total Bond ETF by 3.1% during the second quarter. RFG Advisory LLC now owns 3,689,608 shares of the company’s stock worth $165,774,000 after buying an additional 111,480 shares in the last quarter. Legacy Wealth Management Inc increased its stake in Fidelity Total Bond ETF by 2.3% during the 2nd quarter. Legacy Wealth Management Inc now owns 2,874,451 shares of the company’s stock worth $129,149,000 after acquiring an additional 65,956 shares during the period. Finally, UBS Group AG raised its holdings in Fidelity Total Bond ETF by 0.8% in the 4th quarter. UBS Group AG now owns 2,440,424 shares of the company’s stock valued at $112,357,000 after acquiring an additional 18,964 shares in the last quarter.

Fidelity Total Bond ETF Stock Performance

FBND opened at $47.21 on Tuesday. Fidelity Total Bond ETF has a 52-week low of $42.45 and a 52-week high of $47.22. The firm has a market cap of $9.42 billion, a P/E ratio of 8.85 and a beta of 0.19. The business’s fifty day moving average is $46.19 and its 200-day moving average is $45.38.

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.