Fidelity Total Bond ETF $FBND Shares Acquired by Kestra Advisory Services LLC

Kestra Advisory Services LLC lifted its position in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 18.2% during the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 4,720,946 shares of the company’s stock after buying an additional 726,663 shares during the period. Fidelity Total Bond ETF accounts for approximately 0.6% of Kestra Advisory Services LLC’s portfolio, making the stock its 23rd largest holding. Kestra Advisory Services LLC owned approximately 0.73% of Fidelity Total Bond ETF worth $204,417,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of FBND. Waverly Advisors LLC boosted its position in Fidelity Total Bond ETF by 521.8% during the second quarter. Waverly Advisors LLC now owns 3,836,584 shares of the company’s stock worth $174,526,000 after acquiring an additional 3,219,570 shares during the last quarter. Sax Wealth Advisors LLC grew its stake in Fidelity Total Bond ETF by 49.8% in the 3rd quarter. Sax Wealth Advisors LLC now owns 6,727,943 shares of the company’s stock worth $291,320,000 after acquiring an additional 2,236,473 shares during the period. Legacy Wealth Management LLC raised its holdings in Fidelity Total Bond ETF by 57.0% in the 2nd quarter. Legacy Wealth Management LLC now owns 5,495,432 shares of the company’s stock valued at $249,987,000 after acquiring an additional 1,995,732 shares during the last quarter. Modern Wealth Management LLC raised its holdings in Fidelity Total Bond ETF by 38.3% in the 1st quarter. Modern Wealth Management LLC now owns 5,015,653 shares of the company’s stock valued at $228,764,000 after acquiring an additional 1,388,283 shares during the last quarter. Finally, Cetera Investment Advisers lifted its stake in shares of Fidelity Total Bond ETF by 15.9% during the 1st quarter. Cetera Investment Advisers now owns 6,801,133 shares of the company’s stock worth $310,268,000 after purchasing an additional 930,834 shares during the period.

Fidelity Total Bond ETF Stock Up 0.2%

Shares of Fidelity Total Bond ETF stock opened at $44.38 on Friday. Fidelity Total Bond ETF has a fifty-two week low of $43.11 and a fifty-two week high of $46.78. The firm has a market cap of $28.61 billion, a PE ratio of 8.94 and a beta of 0.28. The business’s fifty day moving average is $44.02 and its two-hundred day moving average is $45.23.

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.