Kestra Private Wealth Services LLC Has $26.54 Million Holdings in Fidelity Total Bond ETF $FBND

Kestra Private Wealth Services LLC decreased its stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 5.0% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 581,770 shares of the company’s stock after selling 30,922 shares during the period. Kestra Private Wealth Services LLC owned approximately 0.10% of Fidelity Total Bond ETF worth $26,540,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in FBND. Ritholtz Wealth Management lifted its position in Fidelity Total Bond ETF by 3.9% in the 1st quarter. Ritholtz Wealth Management now owns 4,005,798 shares of the company’s stock valued at $182,745,000 after acquiring an additional 150,495 shares in the last quarter. Watchman Group Inc. boosted its stake in Fidelity Total Bond ETF by 7.5% in the 1st quarter. Watchman Group Inc. now owns 442,443 shares of the company’s stock worth $20,184,000 after purchasing an additional 30,902 shares during the period. KFA Private Wealth Group LLC boosted its stake in Fidelity Total Bond ETF by 8.0% in the 1st quarter. KFA Private Wealth Group LLC now owns 445,748 shares of the company’s stock worth $20,335,000 after purchasing an additional 32,922 shares during the period. Apella Capital LLC increased its holdings in Fidelity Total Bond ETF by 14.0% during the 1st quarter. Apella Capital LLC now owns 246,253 shares of the company’s stock worth $11,340,000 after purchasing an additional 30,217 shares in the last quarter. Finally, Capital Wealth Management LLC increased its holdings in Fidelity Total Bond ETF by 9.3% during the 1st quarter. Capital Wealth Management LLC now owns 625,513 shares of the company’s stock worth $28,536,000 after purchasing an additional 53,398 shares in the last quarter.

Fidelity Total Bond ETF Price Performance

FBND opened at $45.76 on Thursday. The business’s 50-day moving average price is $45.59 and its two-hundred day moving average price is $45.93. Fidelity Total Bond ETF has a 1 year low of $44.82 and a 1 year high of $46.86. The company has a market capitalization of $25.64 billion, a price-to-earnings ratio of 8.94 and a beta of 0.27.

Fidelity Total Bond ETF Company 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.