Fidelity Total Bond ETF $FBND Stock Bought by Kearns & Associates LLC

Kearns & Associates LLC lifted its position in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 90.1% in the third quarter, HoldingsChannel reports. The fund owned 68,035 shares of the company’s stock after buying an additional 32,250 shares during the period. Fidelity Total Bond ETF accounts for approximately 1.4% of Kearns & Associates LLC’s investment portfolio, making the stock its 8th largest holding. Kearns & Associates LLC’s holdings in Fidelity Total Bond ETF were worth $2,946,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in FBND. Steph & Co. boosted its stake in shares of 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 last quarter. Capital Wealth Management LLC raised its stake in shares of Fidelity Total Bond ETF by 9.3% during the first quarter. Capital Wealth Management LLC now owns 625,513 shares of the company’s stock worth $28,536,000 after buying an additional 53,398 shares during the last quarter. Barry Investment Advisors LLC raised its stake in shares of Fidelity Total Bond ETF by 22.6% during the first quarter. Barry Investment Advisors LLC now owns 128,125 shares of the company’s stock worth $5,868,000 after buying an additional 23,595 shares during the last quarter. Waterway Wealth Management LLC lifted its holdings in 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 valued at $8,417,000 after buying an additional 176,937 shares during the period. Finally, Gainline Financial Partners LLC acquired a new position in Fidelity Total Bond ETF in the second quarter valued at approximately $17,448,000.

Fidelity Total Bond ETF Stock Performance

Shares of Fidelity Total Bond ETF stock opened at $43.45 on Friday. The firm has a fifty day moving average of $44.41 and a two-hundred day moving average of $45.12. The stock has a market capitalization of $28.01 billion, a price-to-earnings ratio of 8.94 and a beta of 0.28. Fidelity Total Bond ETF has a 52 week low of $43.11 and a 52 week 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.