Fidelity Total Bond ETF (NYSEARCA:FBND) is Resolute Wealth Strategies LLC’s 2nd Largest Position

Resolute Wealth Strategies LLC cut its stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 45.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 233,134 shares of the company’s stock after selling 197,474 shares during the period. Fidelity Total Bond ETF comprises approximately 5.4% of Resolute Wealth Strategies LLC’s investment portfolio, making the stock its 2nd largest holding. Resolute Wealth Strategies LLC’s holdings in Fidelity Total Bond ETF were worth $10,461,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also bought and sold shares of the stock. Wealthcare Capital Management LLC lifted its stake in Fidelity Total Bond ETF by 3.0% during 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 increased its position in shares of Fidelity Total Bond ETF by 1.6% during the 4th 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 during the last quarter. Waterfront Wealth Inc. increased its position in shares of Fidelity Total Bond ETF by 0.9% during the 4th 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 during the last quarter. Tritonpoint Wealth LLC increased its position in shares of 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 purchasing an additional 311 shares during the last quarter. Finally, Galvin Gaustad & Stein LLC increased its position in shares of 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 purchasing an additional 386 shares during the last quarter.

Fidelity Total Bond ETF Price Performance

Shares of Fidelity Total Bond ETF stock opened at $45.98 on Tuesday. Fidelity Total Bond ETF has a 1 year low of $44.01 and a 1 year high of $47.30. The firm has a market cap of $18.09 billion, a PE ratio of 9.09 and a beta of 0.26. The stock has a fifty day moving average price of $45.11 and a 200-day moving average price of $45.76.

Fidelity Total Bond ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Monday, March 3rd. Stockholders of record on Thursday, February 27th were given a dividend of $0.163 per share. The ex-dividend date of this dividend was Thursday, February 27th.

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.