Fidelity Total Bond ETF (NYSEARCA:FBND) Stock Position Raised by New Insight Wealth Advisors

New Insight Wealth Advisors grew its stake in Fidelity Total Bond ETF (NYSEARCA:FBND) by 30.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 248,192 shares of the company’s stock after buying an additional 57,827 shares during the period. Fidelity Total Bond ETF makes up about 5.6% of New Insight Wealth Advisors’ holdings, making the stock its 4th biggest holding. New Insight Wealth Advisors owned 0.12% of Fidelity Total Bond ETF worth $11,136,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. Rockefeller Capital Management L.P. grew its position in 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 acquiring an additional 1,188 shares in the last quarter. Arete Wealth Advisors LLC boosted its holdings in shares of 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. JPMorgan Chase & Co. increased its position in shares of Fidelity Total Bond ETF by 11.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 5,169,480 shares of the company’s stock valued at $241,622,000 after purchasing an additional 520,113 shares during the last quarter. Centerline Wealth Advisors LLC purchased a new position in shares of Fidelity Total Bond ETF during the 4th quarter valued at about $15,492,000. Finally, W.G. Shaheen & Associates DBA Whitney & Co lifted its position in Fidelity Total Bond ETF by 3.5% in the 3rd quarter. W.G. Shaheen & Associates DBA Whitney & Co now owns 608,721 shares of the company’s stock worth $28,452,000 after buying an additional 20,500 shares during the last quarter.

Fidelity Total Bond ETF Price Performance

Shares of FBND opened at $45.56 on Monday. Fidelity Total Bond ETF has a 1 year low of $44.01 and a 1 year high of $47.30. The stock has a 50 day simple moving average of $45.15 and a two-hundred day simple moving average of $45.73. The firm has a market cap of $17.92 billion, a P/E ratio of 9.09 and a beta of 0.26.

Fidelity Total Bond ETF Cuts Dividend

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