Landmark Wealth Management LLC Has $5.53 Million Stake in Fidelity Total Bond ETF (NYSEARCA:FBND)

Landmark Wealth Management LLC grew its position in Fidelity Total Bond ETF (NYSEARCA:FBND) by 4.3% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 123,267 shares of the company’s stock after buying an additional 5,084 shares during the quarter. Fidelity Total Bond ETF accounts for about 2.5% of Landmark Wealth Management LLC’s portfolio, making the stock its 12th largest holding. Landmark Wealth Management LLC owned about 0.06% of Fidelity Total Bond ETF worth $5,531,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in FBND. Wealthcare Capital Management LLC boosted its holdings in shares of Fidelity Total Bond ETF by 3.0% in the 4th quarter. Wealthcare Capital Management LLC now owns 7,935 shares of the company’s stock valued at $356,000 after purchasing an additional 231 shares in the last quarter. Peterson Wealth Advisors LLC lifted its position in shares of Fidelity Total Bond ETF by 0.8% during the 3rd quarter. Peterson Wealth Advisors LLC now owns 31,396 shares of the company’s stock worth $1,467,000 after buying an additional 246 shares during the last quarter. Regatta Capital Group LLC boosted its stake in Fidelity Total Bond ETF by 2.3% in the third quarter. Regatta Capital Group LLC now owns 13,713 shares of the company’s stock valued at $641,000 after buying an additional 304 shares in the last quarter. Galvin Gaustad & Stein LLC grew its position in Fidelity Total Bond ETF by 0.8% in the fourth quarter. Galvin Gaustad & Stein LLC now owns 48,479 shares of the company’s stock valued at $2,175,000 after acquiring an additional 386 shares during the last quarter. Finally, Fortitude Advisory Group L.L.C. raised its stake in Fidelity Total Bond ETF by 4.4% during the fourth quarter. Fortitude Advisory Group L.L.C. now owns 9,734 shares of the company’s stock worth $437,000 after acquiring an additional 409 shares in the last quarter.

Fidelity Total Bond ETF Trading Up 0.5 %

FBND opened at $45.22 on Tuesday. The company has a market cap of $9.02 billion, a P/E ratio of 8.85 and a beta of 0.19. The company’s 50 day moving average is $45.26 and its 200-day moving average is $45.85. Fidelity Total Bond ETF has a 1-year low of $44.01 and a 1-year high of $47.30.

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.