Kestra Advisory Services LLC Has $138.61 Million Stock Position in Fidelity Total Bond ETF (NYSEARCA:FBND)

Kestra Advisory Services LLC boosted its holdings in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 7.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,072,896 shares of the company’s stock after buying an additional 203,399 shares during the quarter. Fidelity Total Bond ETF makes up approximately 0.8% of Kestra Advisory Services LLC’s investment portfolio, making the stock its 16th largest position. Kestra Advisory Services LLC owned approximately 1.54% of Fidelity Total Bond ETF worth $138,612,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of FBND. King Wealth Management Group boosted its holdings in shares of Fidelity Total Bond ETF by 1.0% during the fourth quarter. King Wealth Management Group now owns 23,930 shares of the company’s stock worth $1,074,000 after acquiring an additional 240 shares during the period. Commonwealth Equity Services LLC boosted its holdings in shares of Fidelity Total Bond ETF by 28.2% in the 4th quarter. Commonwealth Equity Services LLC now owns 3,049,607 shares of the company’s stock valued at $136,836,000 after purchasing an additional 670,465 shares in the last quarter. Madison Wealth Partners Inc boosted its holdings in shares of Fidelity Total Bond ETF by 30.8% in the 4th quarter. Madison Wealth Partners Inc now owns 134,917 shares of the company’s stock valued at $6,054,000 after purchasing an additional 31,777 shares in the last quarter. DecisionMap Wealth Management LLC acquired a new stake in shares of Fidelity Total Bond ETF in the 4th quarter valued at $675,000. Finally, CFO4Life Group LLC boosted its holdings in shares of Fidelity Total Bond ETF by 313.5% during the 4th quarter. CFO4Life Group LLC now owns 108,847 shares of the company’s stock valued at $4,884,000 after acquiring an additional 82,525 shares in the last quarter.

Fidelity Total Bond ETF Stock Down 0.2 %

NYSEARCA FBND opened at $45.52 on Friday. Fidelity Total Bond ETF has a twelve month low of $44.01 and a twelve month high of $47.30. The company has a market cap of $17.91 billion, a price-to-earnings ratio of 9.09 and a beta of 0.26. The business’s fifty day moving average is $45.22 and its 200 day moving average is $45.71.

Fidelity Total Bond ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Monday, March 3rd. Investors of record on Thursday, February 27th were given a dividend of $0.163 per share. The ex-dividend date of this dividend was Thursday, February 27th.

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.