Fidelity Total Bond ETF $FBND is McKinley Carter Wealth Services Inc.’s 3rd Largest Position

McKinley Carter Wealth Services Inc. raised its holdings in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 1.3% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,140,215 shares of the company’s stock after purchasing an additional 26,796 shares during the period. Fidelity Total Bond ETF accounts for about 5.5% of McKinley Carter Wealth Services Inc.’s holdings, making the stock its 3rd largest holding. McKinley Carter Wealth Services Inc. owned about 0.41% of Fidelity Total Bond ETF worth $98,536,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Rialto Wealth Management LLC bought a new position in Fidelity Total Bond ETF during the 4th quarter valued at approximately $32,000. Clearstead Advisors LLC bought a new position in Fidelity Total Bond ETF during the 3rd quarter valued at approximately $36,000. Tucker Asset Management LLC bought a new position in Fidelity Total Bond ETF during the 4th quarter valued at approximately $37,000. First Command Advisory Services Inc. bought a new position in Fidelity Total Bond ETF during the 3rd quarter valued at approximately $47,000. Finally, Key Capital Management INC bought a new position in Fidelity Total Bond ETF during the 4th quarter valued at approximately $49,000.

Fidelity Total Bond ETF Price Performance

FBND opened at $45.19 on Tuesday. The business has a 50 day simple moving average of $45.76 and a two-hundred day simple moving average of $46.10. The firm has a market capitalization of $25.32 billion, a price-to-earnings ratio of 8.94 and a beta of 0.28. Fidelity Total Bond ETF has a one year low of $44.73 and a one year high of $46.86.

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.