Creative Financial Designs Inc. ADV Has $34.77 Million Stock Position in Fidelity Total Bond ETF (NYSEARCA:FBND)

Creative Financial Designs Inc. ADV lifted its stake in Fidelity Total Bond ETF (NYSEARCA:FBND) by 2.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 774,785 shares of the company’s stock after acquiring an additional 18,622 shares during the period. Fidelity Total Bond ETF accounts for 2.8% of Creative Financial Designs Inc. ADV’s portfolio, making the stock its 4th largest position. Creative Financial Designs Inc. ADV owned 0.39% of Fidelity Total Bond ETF worth $34,765,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently made changes to their positions in FBND. Mark Sheptoff Financial Planning LLC bought a new position in shares of Fidelity Total Bond ETF in the 3rd quarter worth $25,000. PNC Financial Services Group Inc. purchased a new position in Fidelity Total Bond ETF during the 4th quarter worth $25,000. Lindbrook Capital LLC purchased a new position in Fidelity Total Bond ETF during the 4th quarter worth $32,000. Darwin Wealth Management LLC purchased a new position in Fidelity Total Bond ETF during the 3rd quarter worth $54,000. Finally, Rothschild Investment LLC purchased a new position in Fidelity Total Bond ETF during the 4th quarter worth $63,000.

Fidelity Total Bond ETF Price Performance

Shares of FBND stock 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’s fifty day moving average price is $45.22 and its 200 day moving average price is $45.70. The company has a market cap of $17.91 billion, a price-to-earnings ratio of 9.09 and a beta of 0.26.

Fidelity Total Bond ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Monday, March 3rd. Investors of record on Thursday, February 27th were paid a dividend of $0.163 per share. 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.