Fidelity Total Bond ETF (NYSEARCA:FBND) Shares Bought by RWA Wealth Partners LLC

RWA Wealth Partners LLC grew its stake in Fidelity Total Bond ETF (NYSEARCA:FBND) by 7.9% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 51,537 shares of the company’s stock after buying an additional 3,763 shares during the quarter. RWA Wealth Partners LLC’s holdings in Fidelity Total Bond ETF were worth $2,312,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of the stock. Wealthcare Capital Management LLC increased its holdings in shares of Fidelity Total Bond ETF by 3.0% during the 4th quarter. Wealthcare Capital Management LLC now owns 7,935 shares of the company’s stock valued at $356,000 after purchasing an additional 231 shares in the last quarter. Dupree Financial Group LLC increased its holdings in Fidelity Total Bond ETF by 1.6% in the fourth quarter. Dupree Financial Group LLC now owns 15,086 shares of the company’s stock valued at $677,000 after buying an additional 238 shares in the last quarter. King Wealth Management Group raised its position in shares of Fidelity Total Bond ETF by 1.0% in the fourth quarter. King Wealth Management Group now owns 23,930 shares of the company’s stock worth $1,074,000 after acquiring an additional 240 shares during the period. Waterfront Wealth Inc. boosted its stake in shares of Fidelity Total Bond ETF by 0.9% during the 4th quarter. Waterfront Wealth Inc. now owns 27,898 shares of the company’s stock worth $1,252,000 after acquiring an additional 242 shares in the last quarter. Finally, Tritonpoint Wealth LLC grew its position in shares of Fidelity Total Bond ETF by 1.7% during the 4th quarter. Tritonpoint Wealth LLC now owns 18,718 shares of the company’s stock valued at $844,000 after acquiring an additional 311 shares during the period.

Fidelity Total Bond ETF Trading Up 0.1 %

NYSEARCA FBND opened at $45.50 on Monday. The stock has a market capitalization of $18.17 billion, a price-to-earnings ratio of 9.03 and a beta of 0.26. The stock has a 50-day moving average of $45.40 and a 200 day moving average of $45.62. Fidelity Total Bond ETF has a twelve month low of $44.01 and a twelve month high of $47.30.

Fidelity Total Bond ETF Cuts Dividend

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

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.