46,724 Fidelity Total Bond ETF $FBND Shares Purchased by KFG Wealth Management LLC

KFG Wealth Management LLC increased its position in Fidelity Total Bond ETF (NYSEARCA:FBND) by 5.7% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 860,706 shares of the company’s stock after acquiring an additional 46,724 shares during the quarter. Fidelity Total Bond ETF comprises about 4.0% of KFG Wealth Management LLC’s holdings, making the stock its 6th biggest holding. KFG Wealth Management LLC’s holdings in Fidelity Total Bond ETF were worth $37,269,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the company. Steph & Co. boosted its holdings in Fidelity Total Bond ETF by 27.3% in the 3rd quarter. Steph & Co. now owns 316,767 shares of the company’s stock valued at $13,716,000 after purchasing an additional 67,854 shares during the period. Capital Wealth Management LLC grew its position in shares of 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 valued at $28,536,000 after purchasing an additional 53,398 shares in the last quarter. Barry Investment Advisors LLC grew its position in shares of Fidelity Total Bond ETF by 22.6% during the 1st quarter. Barry Investment Advisors LLC now owns 128,125 shares of the company’s stock valued at $5,868,000 after purchasing an additional 23,595 shares in the last quarter. Corient Private Wealth LP increased its holdings in shares of Fidelity Total Bond ETF by 5.4% in the second quarter. Corient Private Wealth LP now owns 1,808,251 shares of the company’s stock worth $82,259,000 after purchasing an additional 92,976 shares during the period. Finally, Waterway Wealth Management LLC increased its holdings in shares of Fidelity Total Bond ETF by 2,335.5% in the first quarter. Waterway Wealth Management LLC now owns 184,513 shares of the company’s stock worth $8,417,000 after purchasing an additional 176,937 shares during the period.

Fidelity Total Bond ETF Trading Down 0.0%

Shares of Fidelity Total Bond ETF stock traded down $0.01 during trading on Friday, hitting $43.82. The stock had a trading volume of 5,305,343 shares, compared to its average volume of 3,184,228. Fidelity Total Bond ETF has a 12 month low of $43.11 and a 12 month high of $46.86. The firm has a market cap of $28.25 billion, a price-to-earnings ratio of 8.94 and a beta of 0.28. The business’s 50-day moving average is $44.27 and its 200 day moving average is $45.05.

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.