Kingsview Wealth Management LLC acquired a new position in Fidelity Total Bond ETF (NYSEARCA:FBND – Free Report) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 6,867 shares of the company’s stock, valued at approximately $314,000.
A number of other institutional investors and hedge funds also recently modified their holdings of the business. Cerity Partners LLC boosted its holdings in shares of Fidelity Total Bond ETF by 27.5% in the 1st quarter. Cerity Partners LLC now owns 8,008 shares of the company’s stock valued at $366,000 after buying an additional 1,729 shares during the period. Assetmark Inc. lifted its holdings in Fidelity Total Bond ETF by 28.5% in the first quarter. Assetmark Inc. now owns 17,425 shares of the company’s stock worth $795,000 after acquiring an additional 3,865 shares during the last quarter. Baron Silver Stevens Financial Advisors LLC bought a new position in Fidelity Total Bond ETF in the first quarter worth about $242,000. LPL Financial LLC boosted its stake in Fidelity Total Bond ETF by 25.3% in the first quarter. LPL Financial LLC now owns 4,233,946 shares of the company’s stock valued at $193,280,000 after acquiring an additional 854,584 shares during the period. Finally, Prosperity Consulting Group LLC grew its holdings in shares of Fidelity Total Bond ETF by 16.8% during the first quarter. Prosperity Consulting Group LLC now owns 91,580 shares of the company’s stock valued at $4,181,000 after purchasing an additional 13,202 shares during the last quarter.
Fidelity Total Bond ETF Trading Up 0.2%
Shares of Fidelity Total Bond ETF stock opened at $46.46 on Friday. The stock has a market capitalization of $22.20 billion, a price-to-earnings ratio of 8.94 and a beta of 0.28. Fidelity Total Bond ETF has a twelve month low of $44.30 and a twelve month high of $46.86. The business’s 50 day simple moving average is $46.45 and its 200-day simple moving average is $45.88.
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.
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