Fidelity Total Bond ETF $FBND Stock Holdings Increased by KFA Private Wealth Group LLC

KFA Private Wealth Group LLC increased its stake in Fidelity Total Bond ETF (NYSEARCA:FBND) by 6.8% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 476,256 shares of the company’s stock after acquiring an additional 30,508 shares during the period. Fidelity Total Bond ETF makes up about 5.8% of KFA Private Wealth Group LLC’s holdings, making the stock its 3rd largest holding. KFA Private Wealth Group LLC’s holdings in Fidelity Total Bond ETF were worth $21,665,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Northwestern Mutual Wealth Management Co. grew its stake in Fidelity Total Bond ETF by 3.3% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 92,442,810 shares of the company’s stock worth $4,256,067,000 after purchasing an additional 2,925,667 shares in the last quarter. Morgan Stanley raised its position in Fidelity Total Bond ETF by 16.2% in the 4th quarter. Morgan Stanley now owns 34,716,320 shares of the company’s stock valued at $1,598,339,000 after purchasing an additional 4,830,198 shares in the last quarter. Bank of America Corp DE raised its position in Fidelity Total Bond ETF by 6.3% in the 1st quarter. Bank of America Corp DE now owns 14,706,838 shares of the company’s stock valued at $670,926,000 after purchasing an additional 871,672 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in shares of Fidelity Total Bond ETF by 25.8% in the 4th quarter. JPMorgan Chase & Co. now owns 11,574,323 shares of the company’s stock valued at $532,882,000 after buying an additional 2,374,913 shares during the period. Finally, LPL Financial LLC boosted its stake in shares of Fidelity Total Bond ETF by 25.2% in the 4th quarter. LPL Financial LLC now owns 9,387,074 shares of the company’s stock valued at $432,181,000 after buying an additional 1,887,404 shares during the period.

Fidelity Total Bond ETF Stock Performance

Shares of Fidelity Total Bond ETF stock opened at $44.62 on Wednesday. The business has a 50-day simple moving average of $45.12 and a 200-day simple moving average of $45.56. Fidelity Total Bond ETF has a one year low of $44.60 and a one year high of $46.86. The company has a market cap of $27.03 billion, a PE ratio of 8.94 and a beta of 0.27.

Fidelity Total Bond ETF 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.