Fidelity Total Bond ETF (NYSEARCA:FBND) Shares Sold by Sanctuary Advisors LLC

Sanctuary Advisors LLC trimmed its stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 14.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,935 shares of the company’s stock after selling 2,669 shares during the quarter. Sanctuary Advisors LLC’s holdings in Fidelity Total Bond ETF were worth $718,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of FBND. Mutual Advisors LLC grew its stake in Fidelity Total Bond ETF by 4.7% during the 3rd quarter. Mutual Advisors LLC now owns 33,977 shares of the company’s stock worth $1,556,000 after purchasing an additional 1,512 shares in the last quarter. Norris Perne & French LLP MI boosted its position in shares of Fidelity Total Bond ETF by 29.5% during the 3rd quarter. Norris Perne & French LLP MI now owns 29,461 shares of the company’s stock worth $1,377,000 after acquiring an additional 6,709 shares in the last quarter. William Howard & Co Financial Advisors Inc acquired a new position in shares of Fidelity Total Bond ETF during the 3rd quarter worth about $324,000. Gladstone Institutional Advisory LLC boosted its position in shares of Fidelity Total Bond ETF by 10.9% during the 3rd quarter. Gladstone Institutional Advisory LLC now owns 61,554 shares of the company’s stock worth $2,877,000 after acquiring an additional 6,036 shares in the last quarter. Finally, Weatherly Asset Management L. P. boosted its position in shares of Fidelity Total Bond ETF by 14.9% during the 3rd quarter. Weatherly Asset Management L. P. now owns 626,386 shares of the company’s stock worth $29,378,000 after acquiring an additional 81,090 shares in the last quarter.

Fidelity Total Bond ETF Stock Performance

NYSEARCA:FBND opened at $45.89 on Friday. The stock has a 50-day simple moving average of $45.09 and a 200-day simple moving average of $45.77. The stock has a market cap of $9.16 billion, a P/E ratio of 8.85 and a beta of 0.19. Fidelity Total Bond ETF has a 1 year low of $44.01 and a 1 year high of $47.30.

Fidelity Total Bond ETF Cuts Dividend

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

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.