Cozad Asset Management Inc. Has $3.09 Million Position in Fidelity Total Bond ETF (NYSEARCA:FBND)

Cozad Asset Management Inc. increased its position in Fidelity Total Bond ETF (NYSEARCA:FBND) by 1.1% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 68,783 shares of the company’s stock after buying an additional 715 shares during the period. Cozad Asset Management Inc.’s holdings in Fidelity Total Bond ETF were worth $3,086,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Mark Sheptoff Financial Planning LLC bought a new stake in Fidelity Total Bond ETF during the third quarter worth approximately $25,000. PNC Financial Services Group Inc. bought a new stake in Fidelity Total Bond ETF during the fourth quarter worth approximately $25,000. Lindbrook Capital LLC bought a new stake in Fidelity Total Bond ETF during the fourth quarter worth approximately $32,000. Darwin Wealth Management LLC bought a new stake in Fidelity Total Bond ETF during the third quarter worth approximately $54,000. Finally, Rothschild Investment LLC bought a new stake in shares of Fidelity Total Bond ETF in the fourth quarter valued at approximately $63,000.

Fidelity Total Bond ETF Trading Down 0.2 %

FBND opened at $45.52 on Monday. Fidelity Total Bond ETF has a 1-year low of $44.01 and a 1-year high of $47.30. The stock has a market capitalization of $17.91 billion, a price-to-earnings ratio of 9.09 and a beta of 0.26. The business has a 50 day moving average of $45.22 and a 200-day moving average of $45.70.

Fidelity Total Bond ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Monday, March 3rd. Stockholders 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.