Kintra Wealth LLC Buys 408,660 Shares of Fidelity Total Bond ETF $FBND

Kintra Wealth LLC lifted its stake in Fidelity Total Bond ETF (NYSEARCA:FBND) by 1,016.3% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 448,871 shares of the company’s stock after purchasing an additional 408,660 shares during the quarter. Fidelity Total Bond ETF accounts for approximately 1.1% of Kintra Wealth LLC’s holdings, making the stock its 24th biggest position. Kintra Wealth LLC owned approximately 0.07% of Fidelity Total Bond ETF worth $20,217,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Root Financial Partners LLC purchased a new stake in shares of Fidelity Total Bond ETF during the fourth quarter valued at approximately $25,000. GHP Investment Advisors Inc. purchased a new position in Fidelity Total Bond ETF in the 1st quarter worth approximately $25,000. Community Financial Services Group LLC bought a new position in Fidelity Total Bond ETF in the 2nd quarter valued at approximately $32,000. Tucker Asset Management LLC bought a new position in Fidelity Total Bond ETF in the 4th quarter valued at approximately $37,000. Finally, Maryland Capital Advisors Inc. purchased a new stake in Fidelity Total Bond ETF during the 2nd quarter valued at $37,000.

Fidelity Total Bond ETF Stock Performance

Fidelity Total Bond ETF stock opened at $44.71 on Friday. The firm has a market cap of $27.09 billion, a price-to-earnings ratio of 8.94 and a beta of 0.27. The stock has a fifty day simple moving average of $45.06 and a two-hundred day simple moving average of $45.53. Fidelity Total Bond ETF has a 12 month low of $44.59 and a 12 month high of $46.86.

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.