Steward Partners Investment Advisory LLC Purchases 12,922 Shares of Fidelity Total Bond ETF (NYSEARCA:FBND)

Steward Partners Investment Advisory LLC grew its position in Fidelity Total Bond ETF (NYSEARCA:FBND) by 367.5% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 16,438 shares of the company’s stock after purchasing an additional 12,922 shares during the quarter. Steward Partners Investment Advisory LLC’s holdings in Fidelity Total Bond ETF were worth $738,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of FBND. Axxcess Wealth Management LLC boosted its stake in shares of Fidelity Total Bond ETF by 2.1% in the 3rd quarter. Axxcess Wealth Management LLC now owns 47,420 shares of the company’s stock valued at $2,216,000 after purchasing an additional 991 shares during the last quarter. Nations Financial Group Inc. IA ADV boosted its stake in shares of Fidelity Total Bond ETF by 45.8% in the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 19,618 shares of the company’s stock valued at $917,000 after purchasing an additional 6,166 shares during the last quarter. Harbour Investments Inc. boosted its stake in Fidelity Total Bond ETF by 33.0% during the third quarter. Harbour Investments Inc. now owns 382,726 shares of the company’s stock worth $17,889,000 after acquiring an additional 95,042 shares in the last quarter. Mascoma Wealth Management LLC boosted its stake in Fidelity Total Bond ETF by 4.8% during the third quarter. Mascoma Wealth Management LLC now owns 626,645 shares of the company’s stock worth $29,289,000 after acquiring an additional 28,602 shares in the last quarter. Finally, Ashton Thomas Private Wealth LLC boosted its stake in Fidelity Total Bond ETF by 77.1% during the third quarter. Ashton Thomas Private Wealth LLC now owns 76,329 shares of the company’s stock worth $3,568,000 after acquiring an additional 33,238 shares in the last quarter.

Fidelity Total Bond ETF Stock Down 0.4 %

Shares of NYSEARCA FBND opened at $45.59 on Wednesday. The firm has a market cap of $17.93 billion, a PE ratio of 9.09 and a beta of 0.26. Fidelity Total Bond ETF has a 12-month low of $44.01 and a 12-month high of $47.30. The company’s fifty day simple moving average is $45.18 and its 200 day simple moving average is $45.72.

Fidelity Total Bond ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Monday, March 3rd. Investors of record on Thursday, February 27th were paid a dividend of $0.163 per share. The ex-dividend date was 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.