McKinley Carter Wealth Services Inc. Has $63.35 Million Holdings in Fidelity Total Bond ETF (NYSEARCA:FBND)

McKinley Carter Wealth Services Inc. grew its stake in Fidelity Total Bond ETF (NYSEARCA:FBND) by 256.5% during the 3rd quarter, Holdings Channel.com reports. The firm owned 1,355,457 shares of the company’s stock after acquiring an additional 975,262 shares during the period. Fidelity Total Bond ETF accounts for approximately 3.8% of McKinley Carter Wealth Services Inc.’s investment portfolio, making the stock its 6th biggest holding. McKinley Carter Wealth Services Inc.’s holdings in Fidelity Total Bond ETF were worth $63,354,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the stock. Capital CS Group LLC boosted its stake in Fidelity Total Bond ETF by 5.1% in the 2nd 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 period. Regatta Capital Group LLC lifted its holdings in shares of Fidelity Total Bond ETF by 2.3% during the third quarter. Regatta Capital Group LLC now owns 13,713 shares of the company’s stock worth $641,000 after buying an additional 304 shares in the last quarter. Arkadios Wealth Advisors boosted its position in shares of Fidelity Total Bond ETF by 5.5% in the first quarter. Arkadios Wealth Advisors now owns 6,244 shares of the company’s stock valued at $283,000 after acquiring an additional 323 shares during the period. CGN Advisors LLC grew its stake in shares of Fidelity Total Bond ETF by 3.0% in the first quarter. CGN Advisors LLC now owns 11,462 shares of the company’s stock valued at $519,000 after acquiring an additional 336 shares in the last quarter. Finally, Capital Planning LLC increased its position in Fidelity Total Bond ETF by 0.9% during the second quarter. Capital Planning LLC now owns 45,501 shares of the company’s stock worth $2,053,000 after acquiring an additional 388 shares during the period.

Fidelity Total Bond ETF Trading Up 0.1 %

NYSEARCA FBND traded up $0.05 during trading on Wednesday, reaching $46.29. The company’s stock had a trading volume of 112,065 shares, compared to its average volume of 1,339,729. The firm has a 50 day moving average price of $46.59 and a 200 day moving average price of $45.57. Fidelity Total Bond ETF has a 12 month low of $42.45 and a 12 month high of $47.30. The firm has a market capitalization of $9.24 billion, a price-to-earnings ratio of 8.85 and a beta of 0.19.

About Fidelity Total Bond ETF

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.