Fidelity Total Bond ETF (NYSEARCA:FBND) Shares Purchased by RWA Wealth Partners LLC

RWA Wealth Partners LLC increased its position in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 7.9% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 51,537 shares of the company’s stock after purchasing an additional 3,763 shares during the quarter. RWA Wealth Partners LLC’s holdings in Fidelity Total Bond ETF were worth $2,312,000 as of its most recent filing with the SEC.

Other hedge funds have also recently added to or reduced their stakes in the company. Rockefeller Capital Management L.P. lifted its stake in shares of Fidelity Total Bond ETF by 3.1% in the third quarter. Rockefeller Capital Management L.P. now owns 39,999 shares of the company’s stock worth $1,869,000 after buying an additional 1,188 shares in the last quarter. Captrust Financial Advisors raised its holdings in Fidelity Total Bond ETF by 0.9% in the 3rd quarter. Captrust Financial Advisors now owns 80,052 shares of the company’s stock valued at $3,742,000 after acquiring an additional 680 shares during the last quarter. Arete Wealth Advisors LLC lifted its stake in Fidelity Total Bond ETF by 78.3% in the 3rd quarter. Arete Wealth Advisors LLC now owns 448,065 shares of the company’s stock worth $20,923,000 after purchasing an additional 196,783 shares in the last quarter. Flow Traders U.S. LLC boosted its holdings in shares of Fidelity Total Bond ETF by 12.8% during the 3rd quarter. Flow Traders U.S. LLC now owns 11,360 shares of the company’s stock worth $531,000 after purchasing an additional 1,288 shares during the last quarter. Finally, Mark Sheptoff Financial Planning LLC purchased a new stake in shares of Fidelity Total Bond ETF in the third quarter valued at approximately $25,000.

Fidelity Total Bond ETF Stock Performance

Shares of Fidelity Total Bond ETF stock opened at $45.50 on Monday. The business’s 50 day moving average price is $45.40 and its 200 day moving average price is $45.62. The company has a market cap of $18.17 billion, a price-to-earnings ratio of 9.03 and a beta of 0.26. Fidelity Total Bond ETF has a one year low of $44.01 and a one year high of $47.30.

Fidelity Total Bond ETF Cuts Dividend

The business also recently declared a dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Friday, March 28th will be issued a dividend of $0.163 per share. The ex-dividend date is Friday, March 28th.

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.