Keystone Wealth Services LLC Buys 4,288 Shares of Fidelity Total Bond ETF (NYSEARCA:FBND)

Keystone Wealth Services LLC boosted its stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 2.4% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 186,347 shares of the company’s stock after buying an additional 4,288 shares during the quarter. Fidelity Total Bond ETF accounts for approximately 2.6% of Keystone Wealth Services LLC’s portfolio, making the stock its 5th largest holding. Keystone Wealth Services LLC owned 0.09% of Fidelity Total Bond ETF worth $8,373,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in FBND. Capital CS Group LLC grew its position in shares of Fidelity Total Bond ETF by 5.1% in the second quarter. Capital CS Group LLC now owns 6,027 shares of the company’s stock valued at $271,000 after purchasing an additional 294 shares during the last quarter. Compass Ion Advisors LLC lifted its stake in shares of Fidelity Total Bond ETF by 0.8% during the second quarter. Compass Ion Advisors LLC now owns 417,091 shares of the company’s stock valued at $18,898,000 after buying an additional 3,133 shares during the period. LPF Advisors LLC lifted its stake in shares of Fidelity Total Bond ETF by 3.4% during the second quarter. LPF Advisors LLC now owns 226,812 shares of the company’s stock valued at $10,191,000 after buying an additional 7,408 shares during the period. Harbor Group Inc. lifted its stake in shares of Fidelity Total Bond ETF by 4.4% during the second quarter. Harbor Group Inc. now owns 832,360 shares of the company’s stock valued at $37,398,000 after buying an additional 35,082 shares during the period. Finally, Williams & Novak LLC lifted its stake in shares of Fidelity Total Bond ETF by 272.5% during the second quarter. Williams & Novak LLC now owns 110,923 shares of the company’s stock valued at $4,984,000 after buying an additional 81,143 shares during the period.

Fidelity Total Bond ETF Price Performance

NYSEARCA:FBND traded up $0.18 during trading hours on Friday, reaching $46.11. 1,426,813 shares of the company were exchanged, compared to its average volume of 1,269,065. The firm has a market cap of $9.20 billion, a price-to-earnings ratio of 8.85 and a beta of 0.19. Fidelity Total Bond ETF has a 52-week low of $42.45 and a 52-week high of $46.71. The stock has a 50 day simple moving average of $45.43 and a 200 day simple moving average of $45.13.

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.