Keystone Wealth Services LLC Reduces Holdings in Fidelity Total Bond ETF (NYSEARCA:FBND)

Keystone Wealth Services LLC cut its holdings in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 2.9% in the 4th quarter, HoldingsChannel reports. The fund owned 154,058 shares of the company’s stock after selling 4,611 shares during the period. Fidelity Total Bond ETF makes up approximately 2.4% of Keystone Wealth Services LLC’s investment portfolio, making the stock its 6th biggest holding. Keystone Wealth Services LLC’s holdings in Fidelity Total Bond ETF were worth $7,093,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Ancora Advisors LLC lifted its position in shares of Fidelity Total Bond ETF by 0.6% during the 3rd quarter. Ancora Advisors LLC now owns 44,261 shares of the company’s stock worth $1,928,000 after buying an additional 268 shares in the last quarter. McElhenny Sheffield Capital Management LLC increased its holdings in Fidelity Total Bond ETF by 3.9% during the third quarter. McElhenny Sheffield Capital Management LLC now owns 7,368 shares of the company’s stock worth $321,000 after buying an additional 279 shares during the last quarter. Financial Advocates Investment Management raised its position in Fidelity Total Bond ETF by 6.5% in the third quarter. Financial Advocates Investment Management now owns 5,813 shares of the company’s stock worth $253,000 after acquiring an additional 353 shares during the period. Traynor Capital Management Inc. boosted its stake in Fidelity Total Bond ETF by 3.0% in the third quarter. Traynor Capital Management Inc. now owns 12,628 shares of the company’s stock valued at $550,000 after acquiring an additional 363 shares during the last quarter. Finally, Bank of Montreal Can boosted its stake in Fidelity Total Bond ETF by 7.4% in the second quarter. Bank of Montreal Can now owns 5,681 shares of the company’s stock valued at $271,000 after acquiring an additional 392 shares during the last quarter.

Fidelity Total Bond ETF Stock Up 0.1 %

Shares of FBND stock opened at $45.21 on Wednesday. The firm has a market cap of $4.34 billion, a P/E ratio of 12.64 and a beta of 0.17. The company has a 50 day moving average of $45.31 and a 200-day moving average of $44.69. Fidelity Total Bond ETF has a 12-month low of $42.45 and a 12-month high of $46.53.

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.