KMG Fiduciary Partners LLC Increases Stock Holdings in Fidelity Tactical Bond ETF (NYSEARCA:FTBD)

KMG Fiduciary Partners LLC boosted its position in Fidelity Tactical Bond ETF (NYSEARCA:FTBD) by 11.5% during the 4th quarter, HoldingsChannel reports. The firm owned 128,500 shares of the company’s stock after purchasing an additional 13,282 shares during the period. KMG Fiduciary Partners LLC owned about 0.43% of Fidelity Tactical Bond ETF worth $6,178,000 as of its most recent filing with the SEC.

Separately, Commonwealth Equity Services LLC purchased a new position in Fidelity Tactical Bond ETF in the second quarter worth about $480,000.

Fidelity Tactical Bond ETF Price Performance

Shares of NYSEARCA:FTBD opened at $48.19 on Friday. The stock’s 50-day simple moving average is $48.67 and its two-hundred day simple moving average is $49.33. Fidelity Tactical Bond ETF has a 52-week low of $47.50 and a 52-week high of $51.06.

About Fidelity Tactical Bond ETF

The Fidelity Tactical Bond ETF (FTBD) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that holds debt securities of any type, rating, and maturity, selected using a qualitative and quantitative security selection approach. FTBD was launched on Jan 24, 2023 and is managed by Fidelity.