Kestra Investment Management LLC raised its holdings in shares of Fidelity Total Bond ETF (NYSEARCA:FBND – Free Report) by 4.3% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 454,820 shares of the company’s stock after buying an additional 18,709 shares during the period. Kestra Investment Management LLC’s holdings in Fidelity Total Bond ETF were worth $21,258,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also recently modified their holdings of the company. Mather Group LLC. boosted its holdings in Fidelity Total Bond ETF by 4,145.0% during the 3rd quarter. Mather Group LLC. now owns 3,544,982 shares of the company’s stock valued at $165,692,000 after acquiring an additional 3,461,472 shares during the period. Summit Financial Strategies Inc. boosted its stake in shares of Fidelity Total Bond ETF by 4,346.0% during the second quarter. Summit Financial Strategies Inc. now owns 1,295,739 shares of the company’s stock valued at $58,218,000 after purchasing an additional 1,266,595 shares during the period. Crane Advisory LLC bought a new position in shares of Fidelity Total Bond ETF in the third quarter worth approximately $50,363,000. Thrivent Financial for Lutherans increased its stake in shares of 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 buying an additional 992,739 shares during the period. Finally, Quotient Wealth Partners LLC bought a new stake in Fidelity Total Bond ETF during the 2nd quarter valued at $44,290,000.
Fidelity Total Bond ETF Stock Up 0.4 %
Shares of FBND opened at $45.91 on Friday. The firm has a fifty day simple moving average of $45.93 and a two-hundred day simple moving average of $45.82. Fidelity Total Bond ETF has a twelve month low of $44.01 and a twelve month high of $47.30. The stock has a market capitalization of $9.16 billion, a P/E ratio of 8.85 and a beta of 0.19.
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.
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