Harbour Investments Inc. Acquires 38,373 Shares of Fidelity Total Bond ETF (NYSEARCA:FBND)

Harbour Investments Inc. lifted its holdings in Fidelity Total Bond ETF (NYSEARCA:FBND) by 10.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 421,099 shares of the company’s stock after acquiring an additional 38,373 shares during the period. Harbour Investments Inc. owned 0.21% of Fidelity Total Bond ETF worth $18,895,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the business. FMR LLC lifted its holdings in shares of Fidelity Total Bond ETF by 2.2% in the 3rd quarter. FMR LLC now owns 12,604,148 shares of the company’s stock valued at $589,118,000 after acquiring an additional 267,811 shares during the last quarter. Country Trust Bank raised its position in Fidelity Total Bond ETF by 0.5% in the 4th quarter. Country Trust Bank now owns 5,991,275 shares of the company’s stock worth $268,829,000 after purchasing an additional 31,173 shares during the period. JPMorgan Chase & Co. raised its position in Fidelity Total Bond ETF by 11.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 5,169,480 shares of the company’s stock worth $241,622,000 after purchasing an additional 520,113 shares during the period. Raymond James Financial Inc. purchased a new stake in Fidelity Total Bond ETF in the 4th quarter worth about $196,442,000. Finally, RFG Advisory LLC raised its position in Fidelity Total Bond ETF by 6.2% in the 4th quarter. RFG Advisory LLC now owns 4,293,510 shares of the company’s stock worth $192,650,000 after purchasing an additional 250,764 shares during the period.

Fidelity Total Bond ETF Price Performance

Fidelity Total Bond ETF stock opened at $45.52 on Friday. Fidelity Total Bond ETF has a 1-year low of $44.01 and a 1-year high of $47.30. The firm has a market capitalization of $17.91 billion, a P/E ratio of 9.09 and a beta of 0.26. The company’s 50-day moving average is $45.22 and its 200 day moving average is $45.70.

Fidelity Total Bond ETF Cuts Dividend

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