Titleist Asset Management LLC Has $3.20 Million Holdings in Fidelity Total Bond ETF (NYSEARCA:FBND)

Titleist Asset Management LLC grew its holdings in Fidelity Total Bond ETF (NYSEARCA:FBND) by 1.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 71,402 shares of the company’s stock after purchasing an additional 911 shares during the quarter. Titleist Asset Management LLC’s holdings in Fidelity Total Bond ETF were worth $3,204,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the business. Rockefeller Capital Management L.P. boosted its stake in Fidelity Total Bond ETF by 3.1% in the third 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 during the last quarter. Arete Wealth Advisors LLC boosted its position in shares of Fidelity Total Bond ETF by 78.3% in the 3rd quarter. Arete Wealth Advisors LLC now owns 448,065 shares of the company’s stock worth $20,923,000 after purchasing an additional 196,783 shares during the last quarter. JPMorgan Chase & Co. grew its stake in shares of Fidelity Total Bond ETF by 11.2% during the third quarter. JPMorgan Chase & Co. now owns 5,169,480 shares of the company’s stock worth $241,622,000 after purchasing an additional 520,113 shares during the period. Centerline Wealth Advisors LLC acquired a new stake in shares of Fidelity Total Bond ETF during the fourth quarter worth $15,492,000. Finally, Steward Partners Investment Advisory LLC increased its holdings in Fidelity Total Bond ETF by 367.5% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 16,438 shares of the company’s stock valued at $738,000 after purchasing an additional 12,922 shares during the last quarter.

Fidelity Total Bond ETF Trading Down 0.1 %

Shares of FBND opened at $45.90 on Friday. The stock has a market cap of $18.77 billion, a P/E ratio of 9.09 and a beta of 0.27. Fidelity Total Bond ETF has a 1 year low of $44.01 and a 1 year high of $47.30. The stock’s 50-day moving average price is $45.48 and its two-hundred day moving average price is $45.58.

Fidelity Total Bond ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, April 1st. Investors of record on Friday, March 28th were paid a dividend of $0.163 per share. The ex-dividend date of this dividend was 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.