Ashton Thomas Private Wealth LLC Has $3.90 Million Stock Position in Fidelity Total Bond ETF (NYSEARCA:FBND)

Ashton Thomas Private Wealth LLC raised its position in Fidelity Total Bond ETF (NYSEARCA:FBND) by 13.1% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 86,339 shares of the company’s stock after acquiring an additional 10,010 shares during the period. Ashton Thomas Private Wealth LLC’s holdings in Fidelity Total Bond ETF were worth $3,895,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Mark Sheptoff Financial Planning LLC acquired a new stake in Fidelity Total Bond ETF during the third quarter worth $25,000. Lindbrook Capital LLC acquired a new stake in Fidelity Total Bond ETF during the fourth quarter worth $32,000. Darwin Wealth Management LLC acquired a new stake in Fidelity Total Bond ETF during the third quarter worth $54,000. Rothschild Investment LLC acquired a new stake in Fidelity Total Bond ETF during the fourth quarter worth $63,000. Finally, Glassman Wealth Services acquired a new stake in Fidelity Total Bond ETF during the fourth quarter worth $70,000.

Fidelity Total Bond ETF Stock Down 0.1 %

NYSEARCA:FBND opened at $45.56 on Friday. Fidelity Total Bond ETF has a 12-month low of $44.01 and a 12-month high of $47.30. The firm has a market capitalization of $17.92 billion, a PE ratio of 9.09 and a beta of 0.26. The firm has a 50-day moving average price of $45.15 and a 200 day moving average price of $45.74.

Fidelity Total Bond ETF Cuts Dividend

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

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.