Congress Wealth Management LLC DE Sells 248 Shares of Fidelity Total Bond ETF (NYSEARCA:FBND)

Congress Wealth Management LLC DE decreased its holdings in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 3.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 6,081 shares of the company’s stock after selling 248 shares during the period. Congress Wealth Management LLC DE’s holdings in Fidelity Total Bond ETF were worth $273,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Rockefeller Capital Management L.P. lifted its position in Fidelity Total Bond ETF by 3.1% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 39,999 shares of the company’s stock valued at $1,869,000 after acquiring an additional 1,188 shares in the last quarter. Arete Wealth Advisors LLC grew its holdings in Fidelity Total Bond ETF by 78.3% during the third quarter. Arete Wealth Advisors LLC now owns 448,065 shares of the company’s stock worth $20,923,000 after buying an additional 196,783 shares in the last quarter. JPMorgan Chase & Co. raised its position in Fidelity Total Bond ETF by 11.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 5,169,480 shares of the company’s stock valued at $241,622,000 after buying an additional 520,113 shares during the last quarter. Centerline Wealth Advisors LLC bought a new position in Fidelity Total Bond ETF during the 4th quarter valued at $15,492,000. Finally, Steward Partners Investment Advisory LLC boosted its holdings in Fidelity Total Bond ETF by 367.5% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 16,438 shares of the company’s stock worth $738,000 after acquiring an additional 12,922 shares during the last quarter.

Fidelity Total Bond ETF Price Performance

Shares of FBND stock opened at $45.50 on Friday. The firm has a 50-day moving average of $45.40 and a 200-day moving average of $45.63. Fidelity Total Bond ETF has a one year low of $44.01 and a one year high of $47.30. The company has a market cap of $18.17 billion, a P/E ratio of 9.03 and a beta of 0.26.

Fidelity Total Bond ETF Cuts Dividend

The firm also recently announced a dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Friday, March 28th will be paid a $0.163 dividend. The ex-dividend date is Friday, March 28th.

Fidelity Total Bond ETF 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.