726,663 Fidelity Total Bond ETF $FBND Shares Bought by Kestra Advisory Services LLC

Kestra Advisory Services LLC lifted its stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 18.2% during the 3rd quarter, HoldingsChannel reports. The fund owned 4,720,946 shares of the company’s stock after acquiring an additional 726,663 shares during the period. Fidelity Total Bond ETF accounts for 0.6% of Kestra Advisory Services LLC’s portfolio, making the stock its 23rd largest position. Kestra Advisory Services LLC’s holdings in Fidelity Total Bond ETF were worth $204,417,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Community Financial Services Group LLC acquired a new stake in shares of Fidelity Total Bond ETF in the second quarter worth approximately $32,000. Maryland Capital Advisors Inc. acquired a new position in Fidelity Total Bond ETF during the second quarter worth approximately $37,000. Manning & Napier Advisors LLC acquired a new position in Fidelity Total Bond ETF during the first quarter worth approximately $53,000. Mosley Wealth Management acquired a new position in Fidelity Total Bond ETF during the third quarter worth approximately $64,000. Finally, Archer Investment Corp raised its stake in Fidelity Total Bond ETF by 17.2% during the first quarter. Archer Investment Corp now owns 2,216 shares of the company’s stock worth $101,000 after purchasing an additional 325 shares during the period.

Fidelity Total Bond ETF Stock Up 0.2%

NYSEARCA:FBND opened at $44.38 on Friday. The company has a market cap of $28.61 billion, a P/E ratio of 8.94 and a beta of 0.28. Fidelity Total Bond ETF has a fifty-two week low of $43.11 and a fifty-two week high of $46.78. The firm’s 50 day moving average is $44.02 and its two-hundred day moving average is $45.23.

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.