Commonwealth Equity Services LLC Increases Position in Fidelity Tactical Bond ETF (NYSEARCA:FTBD)

Commonwealth Equity Services LLC raised its position in shares of Fidelity Tactical Bond ETF (NYSEARCA:FTBD) by 14.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 25,499 shares of the company’s stock after buying an additional 3,244 shares during the period. Commonwealth Equity Services LLC owned about 8.50% of Fidelity Tactical Bond ETF worth $1,226,000 as of its most recent filing with the Securities & Exchange Commission.

Separately, Koshinski Asset Management Inc. boosted its holdings in Fidelity Tactical Bond ETF by 146.6% during the 4th quarter. Koshinski Asset Management Inc. now owns 73,459 shares of the company’s stock valued at $3,532,000 after acquiring an additional 43,672 shares during the period.

Fidelity Tactical Bond ETF Stock Up 0.2 %

NYSEARCA FTBD opened at $48.75 on Monday. The stock has a 50-day moving average of $48.72 and a two-hundred day moving average of $49.03. Fidelity Tactical Bond ETF has a 1-year low of $47.50 and a 1-year high of $51.06.

Fidelity Tactical Bond ETF Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Tuesday, April 1st. Investors of record on Friday, March 28th will be issued a $0.19 dividend. The ex-dividend date of this dividend is Friday, March 28th.

Fidelity Tactical Bond ETF Profile

The Fidelity Tactical Bond ETF (FTBD) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that holds debt securities of any type, rating, and maturity, selected using a qualitative and quantitative security selection approach. FTBD was launched on Jan 24, 2023 and is managed by Fidelity.