Fidelity Total Bond ETF $FBND Stock Acquired by McKinley Carter Wealth Services Inc.

McKinley Carter Wealth Services Inc. boosted its position in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 3.1% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 2,523,780 shares of the company’s stock after buying an additional 76,809 shares during the quarter. Fidelity Total Bond ETF makes up approximately 5.6% of McKinley Carter Wealth Services Inc.’s holdings, making the stock its 3rd largest holding. McKinley Carter Wealth Services Inc. owned about 0.39% of Fidelity Total Bond ETF worth $109,280,000 as of its most recent filing with the SEC.

Several other hedge funds also recently modified their holdings of the business. Bank of America Corp DE increased its stake in shares of Fidelity Total Bond ETF by 6.3% in the 1st quarter. Bank of America Corp DE now owns 14,706,838 shares of the company’s stock valued at $670,926,000 after acquiring an additional 871,672 shares during the last quarter. Envestnet Asset Management Inc. increased its holdings in shares of Fidelity Total Bond ETF by 7.9% in the second quarter. Envestnet Asset Management Inc. now owns 8,059,617 shares of the company’s stock worth $366,632,000 after acquiring an additional 587,351 shares in the last quarter. Cetera Investment Advisers increased its stake in Fidelity Total Bond ETF by 15.9% during the 1st quarter. Cetera Investment Advisers now owns 6,801,133 shares of the company’s stock worth $310,268,000 after purchasing an additional 930,834 shares in the last quarter. Sax Wealth Advisors LLC lifted its stake in Fidelity Total Bond ETF by 49.8% in the third quarter. Sax Wealth Advisors LLC now owns 6,727,943 shares of the company’s stock valued at $291,320,000 after buying an additional 2,236,473 shares in the last quarter. Finally, Quotient Wealth Partners LLC boosted its holdings in shares of Fidelity Total Bond ETF by 32.9% in the first quarter. Quotient Wealth Partners LLC now owns 6,501,284 shares of the company’s stock valued at $296,589,000 after buying an additional 1,609,056 shares during the period.

Fidelity Total Bond ETF Price Performance

Shares of Fidelity Total Bond ETF stock traded down $0.01 on Friday, hitting $43.82. The company had a trading volume of 5,305,343 shares, compared to its average volume of 3,184,228. The stock has a 50-day moving average of $44.27 and a 200-day moving average of $45.05. Fidelity Total Bond ETF has a twelve month low of $43.11 and a twelve month high of $46.86. The firm has a market capitalization of $28.25 billion, a P/E ratio of 8.94 and a beta of 0.28.

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.