Schuylkill Financial LLC Acquires Shares of 215,562 Fidelity Total Bond ETF $FBND

Schuylkill Financial LLC acquired a new stake in Fidelity Total Bond ETF (NYSEARCA:FBND) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 215,562 shares of the company’s stock, valued at approximately $9,806,000. Fidelity Total Bond ETF makes up 9.0% of Schuylkill Financial LLC’s investment portfolio, making the stock its 2nd biggest position.

Other institutional investors have also modified their holdings of the company. Capital Wealth Management LLC boosted its holdings in Fidelity Total Bond ETF by 9.3% in the first quarter. Capital Wealth Management LLC now owns 625,513 shares of the company’s stock valued at $28,536,000 after purchasing an additional 53,398 shares in the last quarter. Valley Wealth Managers Inc. raised its holdings in Fidelity Total Bond ETF by 149.5% during the fourth quarter. Valley Wealth Managers Inc. now owns 62,724 shares of the company’s stock worth $2,888,000 after purchasing an additional 37,588 shares in the last quarter. Barry Investment Advisors LLC lifted its position in shares of Fidelity Total Bond ETF by 36.7% during the 2nd quarter. Barry Investment Advisors LLC now owns 175,149 shares of the company’s stock worth $7,997,000 after buying an additional 47,024 shares during the last quarter. USAdvisors Wealth Management LLC boosted its holdings in shares of Fidelity Total Bond ETF by 5.3% in the 4th quarter. USAdvisors Wealth Management LLC now owns 243,175 shares of the company’s stock valued at $11,195,000 after buying an additional 12,241 shares in the last quarter. Finally, Hicks Capital Management LLC boosted its holdings in shares of Fidelity Total Bond ETF by 11.3% in the 4th quarter. Hicks Capital Management LLC now owns 251,938 shares of the company’s stock valued at $11,599,000 after buying an additional 25,669 shares in the last quarter.

Fidelity Total Bond ETF Price Performance

NYSEARCA FBND opened at $44.71 on Friday. The firm’s fifty day moving average price is $45.06 and its 200 day moving average price is $45.53. Fidelity Total Bond ETF has a 12 month low of $44.59 and a 12 month high of $46.86. The company has a market capitalization of $27.09 billion, a price-to-earnings ratio of 8.94 and a beta of 0.27.

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.