MMA Asset Management LLC Reduces Stock Holdings in Fidelity Total Bond ETF (NYSEARCA:FBND)

MMA Asset Management LLC lessened its position in shares of Fidelity Total Bond ETF (NYSEARCA:FBNDFree Report) by 16.8% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 12,479 shares of the company’s stock after selling 2,516 shares during the quarter. MMA Asset Management LLC’s holdings in Fidelity Total Bond ETF were worth $560,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Mark Sheptoff Financial Planning LLC purchased a new stake in Fidelity Total Bond ETF during the 3rd quarter valued at about $25,000. Darwin Wealth Management LLC purchased a new stake in Fidelity Total Bond ETF during the 3rd quarter valued at about $54,000. Rothschild Investment LLC purchased a new stake in Fidelity Total Bond ETF during the 4th quarter valued at about $63,000. Wilmington Savings Fund Society FSB purchased a new stake in Fidelity Total Bond ETF during the 3rd quarter valued at about $87,000. Finally, Private Wealth Management Group LLC purchased a new stake in Fidelity Total Bond ETF during the 4th quarter valued at about $127,000.

Fidelity Total Bond ETF Stock Performance

Fidelity Total Bond ETF stock opened at $45.89 on Friday. The business’s 50-day simple moving average is $45.09 and its two-hundred day simple moving average is $45.76. The company has a market cap of $9.16 billion, a PE ratio of 8.85 and a beta of 0.19. Fidelity Total Bond ETF has a fifty-two week low of $44.01 and a fifty-two week high of $47.30.

Fidelity Total Bond ETF Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Monday, March 3rd. Stockholders of record on Thursday, February 27th will be issued a $0.163 dividend. The ex-dividend date is 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.

See Also

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

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