38,442 Shares in Fidelity Total Bond ETF (NYSEARCA:FBND) Bought by Warwick Investment Management Inc.

Warwick Investment Management Inc. bought a new stake in Fidelity Total Bond ETF (NYSEARCA:FBND) during the fourth quarter, HoldingsChannel.com reports. The institutional investor bought 38,442 shares of the company’s stock, valued at approximately $1,725,000.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Axxcess Wealth Management LLC lifted its stake in shares of Fidelity Total Bond ETF by 2.1% in the 3rd quarter. Axxcess Wealth Management LLC now owns 47,420 shares of the company’s stock worth $2,216,000 after purchasing an additional 991 shares during the period. Nations Financial Group Inc. IA ADV increased its holdings in Fidelity Total Bond ETF by 45.8% during the third quarter. Nations Financial Group Inc. IA ADV now owns 19,618 shares of the company’s stock valued at $917,000 after buying an additional 6,166 shares during the last quarter. Harbour Investments Inc. raised its position in Fidelity Total Bond ETF by 33.0% in the third quarter. Harbour Investments Inc. now owns 382,726 shares of the company’s stock worth $17,889,000 after acquiring an additional 95,042 shares during the period. Mascoma Wealth Management LLC boosted its stake in shares of Fidelity Total Bond ETF by 4.8% during the 3rd quarter. Mascoma Wealth Management LLC now owns 626,645 shares of the company’s stock worth $29,289,000 after acquiring an additional 28,602 shares during the last quarter. Finally, Ashton Thomas Private Wealth LLC boosted its stake in shares of Fidelity Total Bond ETF by 77.1% during the 3rd quarter. Ashton Thomas Private Wealth LLC now owns 76,329 shares of the company’s stock worth $3,568,000 after acquiring an additional 33,238 shares during the last quarter.

Fidelity Total Bond ETF Price Performance

NYSEARCA:FBND opened at $45.59 on Wednesday. Fidelity Total Bond ETF has a one year low of $44.01 and a one year high of $47.30. The business has a fifty day moving average price of $45.18 and a 200-day moving average price of $45.72. The firm has a market capitalization of $17.93 billion, a price-to-earnings ratio of 9.09 and a beta of 0.26.

Fidelity Total Bond ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Monday, March 3rd. Shareholders of record on Thursday, February 27th were given a $0.163 dividend. 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.