Atmos Advisory LLC Acquires Shares of 17,711 Fidelity Total Bond ETF (NYSEARCA:FBND)

Atmos Advisory LLC bought a new position in Fidelity Total Bond ETF (NYSEARCA:FBND) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 17,711 shares of the company’s stock, valued at approximately $795,000. Fidelity Total Bond ETF comprises about 0.6% of Atmos Advisory LLC’s portfolio, making the stock its 14th largest position.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Mather Group LLC. boosted its holdings in Fidelity Total Bond ETF by 4,145.0% in the third quarter. Mather Group LLC. now owns 3,544,982 shares of the company’s stock worth $165,692,000 after purchasing an additional 3,461,472 shares during the last quarter. Crane Advisory LLC bought a new stake in shares of Fidelity Total Bond ETF in the third quarter worth $50,363,000. Thrivent Financial for Lutherans grew its holdings in shares of Fidelity Total Bond ETF by 85.1% in the third quarter. Thrivent Financial for Lutherans now owns 2,159,030 shares of the company’s stock worth $100,976,000 after acquiring an additional 992,739 shares during the period. McKinley Carter Wealth Services Inc. increased its position in Fidelity Total Bond ETF by 256.5% during the third quarter. McKinley Carter Wealth Services Inc. now owns 1,355,457 shares of the company’s stock valued at $63,354,000 after acquiring an additional 975,262 shares during the last quarter. Finally, Fermata Advisors LLC boosted its position in shares of Fidelity Total Bond ETF by 771.5% in the third quarter. Fermata Advisors LLC now owns 1,046,658 shares of the company’s stock worth $48,921,000 after purchasing an additional 926,557 shares during the period.

Fidelity Total Bond ETF Price Performance

Shares of FBND stock traded down $0.06 on Monday, hitting $44.41. 2,758,608 shares of the stock traded hands, compared to its average volume of 2,107,880. The firm has a market cap of $8.86 billion, a price-to-earnings ratio of 8.85 and a beta of 0.19. The firm has a 50 day simple moving average of $45.38 and a two-hundred day simple moving average of $45.87. Fidelity Total Bond ETF has a 52 week low of $44.01 and a 52 week 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.