Fidelity Total Bond ETF (NYSEARCA:FBND) Stock Position Increased by Creative Financial Designs Inc. ADV

Creative Financial Designs Inc. ADV raised its position in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 2.5% during the 4th quarter, Holdings Channel reports. The firm owned 774,785 shares of the company’s stock after buying an additional 18,622 shares during the quarter. Fidelity Total Bond ETF comprises 2.8% of Creative Financial Designs Inc. ADV’s portfolio, making the stock its 4th largest holding. Creative Financial Designs Inc. ADV’s holdings in Fidelity Total Bond ETF were worth $34,765,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the company. Harbour Investments Inc. grew its stake in Fidelity Total Bond ETF by 10.0% during the 4th quarter. Harbour Investments Inc. now owns 421,099 shares of the company’s stock valued at $18,895,000 after purchasing an additional 38,373 shares during the last quarter. Envestnet Portfolio Solutions Inc. boosted its stake in shares of Fidelity Total Bond ETF by 15.2% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 206,062 shares of the company’s stock worth $9,246,000 after buying an additional 27,243 shares during the last quarter. Greykasell Wealth Strategies Inc. purchased a new stake in shares of Fidelity Total Bond ETF in the fourth quarter worth about $3,293,000. Kestra Advisory Services LLC boosted its stake in shares of Fidelity Total Bond ETF by 7.1% in the fourth quarter. Kestra Advisory Services LLC now owns 3,072,896 shares of the company’s stock worth $138,612,000 after buying an additional 203,399 shares during the last quarter. Finally, King Wealth Management Group boosted its stake 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 buying an additional 240 shares during the last quarter.

Fidelity Total Bond ETF Stock Down 0.2 %

Shares of FBND opened at $45.52 on Monday. Fidelity Total Bond ETF has a 52 week low of $44.01 and a 52 week high of $47.30. The company has a market capitalization of $17.91 billion, a price-to-earnings ratio of 9.09 and a beta of 0.26. The stock’s 50-day moving average price is $45.22 and its 200-day moving average price is $45.70.

Fidelity Total Bond ETF Cuts Dividend

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

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.