TD Capital Management LLC Purchases 11,663 Shares of Fidelity Total Bond ETF (NYSEARCA:FBND)

TD Capital Management LLC grew its position in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 11.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 114,270 shares of the company’s stock after acquiring an additional 11,663 shares during the quarter. TD Capital Management LLC owned about 0.06% of Fidelity Total Bond ETF worth $5,127,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of the company. Wealthcare Capital Management LLC lifted its position in Fidelity Total Bond ETF by 3.0% in the 4th quarter. Wealthcare Capital Management LLC now owns 7,935 shares of the company’s stock valued at $356,000 after acquiring an additional 231 shares in the last quarter. Dupree Financial Group LLC lifted its holdings in shares of Fidelity Total Bond ETF by 1.6% in the fourth quarter. Dupree Financial Group LLC now owns 15,086 shares of the company’s stock valued at $677,000 after purchasing an additional 238 shares in the last quarter. Waterfront Wealth Inc. lifted its holdings in shares of Fidelity Total Bond ETF by 0.9% in the fourth quarter. Waterfront Wealth Inc. now owns 27,898 shares of the company’s stock valued at $1,252,000 after purchasing an additional 242 shares in the last quarter. Tritonpoint Wealth LLC lifted its stake in Fidelity Total Bond ETF by 1.7% during the 4th quarter. Tritonpoint Wealth LLC now owns 18,718 shares of the company’s stock valued at $844,000 after acquiring an additional 311 shares in the last quarter. Finally, Galvin Gaustad & Stein LLC lifted its stake in Fidelity Total Bond ETF by 0.8% during the 4th quarter. Galvin Gaustad & Stein LLC now owns 48,479 shares of the company’s stock valued at $2,175,000 after acquiring an additional 386 shares in the last quarter.

Fidelity Total Bond ETF Trading Up 0.5 %

Shares of NYSEARCA:FBND opened at $45.89 on Friday. The stock’s fifty day simple moving average is $45.09 and its two-hundred day simple moving average is $45.77. Fidelity Total Bond ETF has a 1-year low of $44.01 and a 1-year high of $47.30. The stock has a market cap of $9.16 billion, a PE ratio of 8.85 and a beta of 0.19.

Fidelity Total Bond ETF Cuts Dividend

The company also recently announced a dividend, which will be paid on Monday, March 3rd. Shareholders of record on Thursday, February 27th will be given a dividend of $0.163 per share. The ex-dividend date of this dividend is Thursday, February 27th.

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.