Fidelity Total Bond ETF (NYSEARCA:FBND) Shares Bought by HUB Investment Partners LLC

HUB Investment Partners LLC raised its holdings in Fidelity Total Bond ETF (NYSEARCA:FBNDFree Report) by 11.2% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,016,093 shares of the company’s stock after acquiring an additional 102,233 shares during the quarter. Fidelity Total Bond ETF accounts for about 1.9% of HUB Investment Partners LLC’s portfolio, making the stock its 6th biggest holding. HUB Investment Partners LLC owned 0.51% of Fidelity Total Bond ETF worth $45,592,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of FBND. Mark Sheptoff Financial Planning LLC purchased a new stake in Fidelity Total Bond ETF during the third quarter valued at about $25,000. PNC Financial Services Group Inc. purchased a new stake in Fidelity Total Bond ETF during the fourth quarter valued at about $25,000. Lindbrook Capital LLC purchased a new stake in shares of Fidelity Total Bond ETF in the fourth quarter worth approximately $32,000. Darwin Wealth Management LLC purchased a new stake in shares of Fidelity Total Bond ETF in the third quarter worth approximately $54,000. Finally, Rothschild Investment LLC purchased a new stake in shares of Fidelity Total Bond ETF in the fourth quarter worth approximately $63,000.

Fidelity Total Bond ETF Price Performance

NYSEARCA FBND opened at $45.74 on Thursday. The company has a 50 day simple moving average of $45.27 and a 200-day simple moving average of $45.69. The firm has a market capitalization of $18.27 billion, a price-to-earnings ratio of 9.03 and a beta of 0.26. Fidelity Total Bond ETF has a 52-week low of $44.01 and a 52-week high of $47.30.

Fidelity Total Bond ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Monday, March 3rd. Stockholders 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

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Fidelity Total Bond ETF (NYSEARCA:FBND)

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