McGlone Suttner Wealth Management Inc. Has $45.59 Million Stock Position in Fidelity Total Bond ETF $FBND

McGlone Suttner Wealth Management Inc. grew its stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 2.2% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 986,032 shares of the company’s stock after purchasing an additional 21,091 shares during the quarter. Fidelity Total Bond ETF makes up approximately 6.4% of McGlone Suttner Wealth Management Inc.’s investment portfolio, making the stock its 5th largest position. McGlone Suttner Wealth Management Inc. owned approximately 0.21% of Fidelity Total Bond ETF worth $45,594,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently added to or reduced their stakes in the stock. Betterment LLC lifted its holdings in Fidelity Total Bond ETF by 60.6% during the 1st quarter. Betterment LLC now owns 94,904 shares of the company’s stock valued at $4,332,000 after buying an additional 35,797 shares in the last quarter. Royal Bank of Canada grew its stake in Fidelity Total Bond ETF by 6.2% in the 1st quarter. Royal Bank of Canada now owns 3,584,225 shares of the company’s stock worth $163,620,000 after acquiring an additional 209,346 shares in the last quarter. Focus Partners Advisor Solutions LLC increased its position in shares of Fidelity Total Bond ETF by 388.8% during the first quarter. Focus Partners Advisor Solutions LLC now owns 189,346 shares of the company’s stock worth $8,644,000 after acquiring an additional 150,608 shares during the period. Federation des caisses Desjardins du Quebec raised its stake in shares of Fidelity Total Bond ETF by 3,844.5% during the first quarter. Federation des caisses Desjardins du Quebec now owns 39,839 shares of the company’s stock valued at $1,819,000 after acquiring an additional 38,829 shares in the last quarter. Finally, Aprio Wealth Management LLC raised its stake in shares of Fidelity Total Bond ETF by 26.5% during the first quarter. Aprio Wealth Management LLC now owns 11,897 shares of the company’s stock valued at $543,000 after acquiring an additional 2,494 shares in the last quarter.

Fidelity Total Bond ETF Stock Up 0.1%

Shares of NYSEARCA:FBND opened at $46.45 on Tuesday. Fidelity Total Bond ETF has a 52-week low of $44.30 and a 52-week high of $46.86. The stock has a market cap of $22.19 billion, a P/E ratio of 8.94 and a beta of 0.28. The business’s 50 day moving average is $46.40 and its 200 day moving average is $46.10.

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.