Fidelity Total Bond ETF $FBND Shares Acquired by KFA Private Wealth Group LLC

KFA Private Wealth Group LLC boosted its stake in Fidelity Total Bond ETF (NYSEARCA:FBND) by 7.3% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 510,987 shares of the company’s stock after acquiring an additional 34,731 shares during the period. Fidelity Total Bond ETF accounts for about 5.3% of KFA Private Wealth Group LLC’s holdings, making the stock its 3rd biggest position. KFA Private Wealth Group LLC owned approximately 0.08% of Fidelity Total Bond ETF worth $22,126,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in FBND. GHP Investment Advisors Inc. acquired a new position in shares of Fidelity Total Bond ETF in the first quarter valued at approximately $25,000. Community Financial Services Group LLC acquired a new stake in shares of Fidelity Total Bond ETF during the second quarter worth $32,000. Maryland Capital Advisors Inc. purchased a new position in Fidelity Total Bond ETF in the 2nd quarter valued at $37,000. Manning & Napier Advisors LLC acquired a new position in Fidelity Total Bond ETF in the 1st quarter valued at $53,000. Finally, Sound Income Strategies LLC increased its stake in Fidelity Total Bond ETF by 180.6% in the 1st quarter. Sound Income Strategies LLC now owns 1,316 shares of the company’s stock valued at $60,000 after buying an additional 847 shares during the period.

Fidelity Total Bond ETF Price Performance

Shares of FBND stock traded down $0.03 during mid-day trading on Wednesday, hitting $43.32. The stock had a trading volume of 9,395,235 shares, compared to its average volume of 3,126,175. The firm has a market cap of $27.93 billion, a PE ratio of 8.94 and a beta of 0.28. The company’s 50-day simple moving average is $44.49 and its 200-day simple moving average is $45.16. Fidelity Total Bond ETF has a fifty-two week low of $43.11 and a fifty-two week 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.