Jones Financial Companies Lllp Purchases 30,755 Shares of Fidelity Total Bond ETF (NYSEARCA:FBND)

Jones Financial Companies Lllp raised its position in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 42.4% during the fourth quarter, HoldingsChannel.com reports. The fund owned 103,266 shares of the company’s stock after buying an additional 30,755 shares during the quarter. Jones Financial Companies Lllp’s holdings in Fidelity Total Bond ETF were worth $4,634,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Mark Sheptoff Financial Planning LLC acquired a new position in shares of Fidelity Total Bond ETF in the 3rd quarter valued at about $25,000. Darwin Wealth Management LLC bought a new stake in Fidelity Total Bond ETF in the third quarter worth approximately $54,000. Rothschild Investment LLC acquired a new position in Fidelity Total Bond ETF in the fourth quarter valued at approximately $63,000. Glassman Wealth Services bought a new position in shares of Fidelity Total Bond ETF during the 4th quarter worth approximately $70,000. Finally, Wilmington Savings Fund Society FSB acquired a new stake in shares of Fidelity Total Bond ETF during the 3rd quarter worth approximately $87,000.

Fidelity Total Bond ETF Stock Down 0.4 %

NYSEARCA:FBND opened at $45.80 on Wednesday. Fidelity Total Bond ETF has a twelve month low of $44.01 and a twelve month high of $47.30. The company has a fifty day moving average of $45.12 and a 200-day moving average of $45.75. The firm has a market capitalization of $18.02 billion, a P/E ratio of 9.09 and a beta of 0.26.

Fidelity Total Bond ETF Cuts Dividend

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

About Fidelity Total Bond ETF

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.