Mascoma Wealth Management LLC Has $36.04 Million Holdings in Fidelity Total Bond ETF $FBND

Mascoma Wealth Management LLC increased its position in Fidelity Total Bond ETF (NYSEARCA:FBND) by 4.7% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 782,784 shares of the company’s stock after acquiring an additional 34,872 shares during the period. Fidelity Total Bond ETF comprises about 7.7% of Mascoma Wealth Management LLC’s investment portfolio, making the stock its 3rd biggest holding. Mascoma Wealth Management LLC owned 0.15% of Fidelity Total Bond ETF worth $36,039,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the company. Dupree Financial Group LLC grew its holdings in shares of Fidelity Total Bond ETF by 1.6% in the fourth quarter. Dupree Financial Group LLC now owns 14,135 shares of the company’s stock worth $651,000 after acquiring an additional 219 shares during the period. Quadrant Capital Group LLC grew its holdings in Fidelity Total Bond ETF by 0.6% during the third quarter. Quadrant Capital Group LLC now owns 38,010 shares of the company’s stock valued at $1,758,000 after purchasing an additional 220 shares during the period. RWA Wealth Partners LLC grew its holdings in Fidelity Total Bond ETF by 2.6% during the third quarter. RWA Wealth Partners LLC now owns 9,628 shares of the company’s stock valued at $445,000 after purchasing an additional 241 shares during the period. GWN Securities Inc. grew its holdings in Fidelity Total Bond ETF by 1.3% during the third quarter. GWN Securities Inc. now owns 21,992 shares of the company’s stock valued at $1,017,000 after purchasing an additional 277 shares during the period. Finally, Capital CS Group LLC grew its holdings in Fidelity Total Bond ETF by 4.8% during the third quarter. Capital CS Group LLC now owns 6,224 shares of the company’s stock valued at $288,000 after purchasing an additional 286 shares during the period.

Fidelity Total Bond ETF Stock Performance

NYSEARCA:FBND opened at $45.63 on Tuesday. The stock has a 50-day simple moving average of $45.86 and a two-hundred day simple moving average of $46.15. Fidelity Total Bond ETF has a 52-week low of $44.73 and a 52-week high of $46.86. The firm has a market capitalization of $25.57 billion, a PE ratio of 8.94 and a beta of 0.28.

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.