Kintra Wealth LLC Grows Stock Holdings in Fidelity Total Bond ETF $FBND

Kintra Wealth LLC boosted its stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 1,016.3% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 448,871 shares of the company’s stock after purchasing an additional 408,660 shares during the period. Fidelity Total Bond ETF comprises 1.1% of Kintra Wealth LLC’s portfolio, making the stock its 24th largest holding. Kintra Wealth LLC’s holdings in Fidelity Total Bond ETF were worth $20,217,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in FBND. Root Financial Partners LLC bought a new stake in Fidelity Total Bond ETF in the 4th quarter worth approximately $25,000. GHP Investment Advisors Inc. purchased a new stake in Fidelity Total Bond ETF during the 1st quarter valued at $25,000. Community Financial Services Group LLC bought a new position in shares of Fidelity Total Bond ETF during the 2nd quarter valued at $32,000. Tucker Asset Management LLC bought a new position in shares of Fidelity Total Bond ETF during the 4th quarter valued at $37,000. Finally, Maryland Capital Advisors Inc. purchased a new position in shares of Fidelity Total Bond ETF in the 2nd quarter worth $37,000.

Fidelity Total Bond ETF Price Performance

Shares of FBND opened at $44.71 on Friday. Fidelity Total Bond ETF has a one year low of $44.59 and a one year high of $46.86. The firm has a market capitalization of $27.09 billion, a P/E ratio of 8.94 and a beta of 0.27. The business has a fifty day moving average of $45.06 and a 200 day moving average of $45.53.

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.