Fidelity Total Bond ETF $FBND Position Boosted by Kingswood Wealth Advisors LLC

Kingswood Wealth Advisors LLC increased its holdings in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 163.6% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 30,264 shares of the company’s stock after acquiring an additional 18,785 shares during the quarter. Kingswood Wealth Advisors LLC’s holdings in Fidelity Total Bond ETF were worth $1,385,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in the company. PFG Investments LLC increased its stake in shares of Fidelity Total Bond ETF by 3.2% in the first quarter. PFG Investments LLC now owns 9,182 shares of the company’s stock valued at $419,000 after purchasing an additional 282 shares during the period. Bogart Wealth LLC increased its stake in shares of Fidelity Total Bond ETF by 23.3% during the first quarter. Bogart Wealth LLC now owns 1,574 shares of the company’s stock valued at $72,000 after acquiring an additional 297 shares during the period. Sound Income Strategies LLC increased its stake in shares of Fidelity Total Bond ETF by 63.1% during the first quarter. Sound Income Strategies LLC now owns 791 shares of the company’s stock valued at $36,000 after acquiring an additional 306 shares during the period. Kraft Davis & Associates LLC increased its stake in shares of Fidelity Total Bond ETF by 2.8% during the first quarter. Kraft Davis & Associates LLC now owns 12,509 shares of the company’s stock valued at $562,000 after acquiring an additional 338 shares during the period. Finally, Legacy Solutions LLC increased its stake in shares of Fidelity Total Bond ETF by 0.8% during the second quarter. Legacy Solutions LLC now owns 49,122 shares of the company’s stock valued at $2,247,000 after acquiring an additional 382 shares during the period.

Fidelity Total Bond ETF Stock Performance

Shares of NYSEARCA:FBND opened at $46.32 on Wednesday. The stock has a market capitalization of $21.27 billion, a price-to-earnings ratio of 8.94 and a beta of 0.17. Fidelity Total Bond ETF has a 1-year low of $44.30 and a 1-year high of $46.75. The company has a 50 day moving average price of $46.11 and a 200 day moving average price of $45.60.

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.