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

KFA Private Wealth Group LLC increased its stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 6.8% in the second quarter, according to its most recent 13F filing with the SEC. The firm owned 476,256 shares of the company’s stock after purchasing an additional 30,508 shares during the period. Fidelity Total Bond ETF makes up approximately 5.8% of KFA Private Wealth Group LLC’s investment portfolio, making the stock its 3rd largest position. KFA Private Wealth Group LLC owned 0.08% of Fidelity Total Bond ETF worth $21,665,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Signature Equity Partners LLC grew its stake in shares of Fidelity Total Bond ETF by 5.4% in the first quarter. Signature Equity Partners LLC now owns 4,739 shares of the company’s stock valued at $216,000 after buying an additional 244 shares in the last quarter. Insight Advisors LLC PA lifted its stake in Fidelity Total Bond ETF by 1.6% during the 1st quarter. Insight Advisors LLC PA now owns 17,988 shares of the company’s stock worth $821,000 after acquiring an additional 291 shares in the last quarter. Keystone Financial Group boosted its holdings in Fidelity Total Bond ETF by 3.1% during the 3rd quarter. Keystone Financial Group now owns 10,317 shares of the company’s stock valued at $477,000 after acquiring an additional 315 shares during the period. Archer Investment Corp boosted its holdings in Fidelity Total Bond ETF by 17.2% during the 1st quarter. Archer Investment Corp now owns 2,216 shares of the company’s stock valued at $101,000 after acquiring an additional 325 shares during the period. Finally, Breakwater Capital Group grew its position in Fidelity Total Bond ETF by 3.4% in the 2nd quarter. Breakwater Capital Group now owns 9,876 shares of the company’s stock valued at $449,000 after acquiring an additional 327 shares in the last quarter.

Fidelity Total Bond ETF Price Performance

NYSEARCA FBND opened at $44.62 on Wednesday. The company has a market cap of $27.03 billion, a P/E ratio of 8.94 and a beta of 0.27. The stock has a 50-day moving average of $45.12 and a two-hundred day moving average of $45.56. Fidelity Total Bond ETF has a 1-year low of $44.60 and a 1-year high of $46.86.

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.