Fidelity Total Bond ETF (NYSEARCA:FBND) Position Boosted by Kestra Private Wealth Services LLC

Kestra Private Wealth Services LLC increased its position in Fidelity Total Bond ETF (NYSEARCA:FBND) by 9.3% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 382,376 shares of the company’s stock after purchasing an additional 32,664 shares during the period. Kestra Private Wealth Services LLC owned 0.19% of Fidelity Total Bond ETF worth $17,157,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Crane Advisory LLC acquired a new position in shares of Fidelity Total Bond ETF in the 3rd quarter worth approximately $50,363,000. Thrivent Financial for Lutherans boosted its holdings in 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 purchasing an additional 992,739 shares during the period. McKinley Carter Wealth Services Inc. increased its stake 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 purchasing an additional 975,262 shares during the last quarter. Aptus Capital Advisors LLC acquired a new stake in shares of Fidelity Total Bond ETF during the third quarter worth $40,718,000. Finally, Sax Wealth Advisors LLC lifted its position in shares of Fidelity Total Bond ETF by 94.0% in the 4th quarter. Sax Wealth Advisors LLC now owns 1,394,635 shares of the company’s stock worth $62,577,000 after buying an additional 675,795 shares during the last quarter.

Fidelity Total Bond ETF Stock Performance

NYSEARCA FBND opened at $45.19 on Friday. Fidelity Total Bond ETF has a one year low of $44.01 and a one year high of $47.30. The company has a 50-day simple moving average of $45.17 and a 200-day simple moving average of $45.82. The firm has a market capitalization of $9.02 billion, a PE ratio of 8.85 and a beta of 0.19.

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.