New England Private Wealth Advisors LLC Makes New Investment in Fidelity Total Bond ETF (NYSEARCA:FBND)

New England Private Wealth Advisors LLC acquired a new stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 6,389 shares of the company’s stock, valued at approximately $287,000.

Other large investors have also recently modified their holdings of the company. Rockefeller Capital Management L.P. grew its position in Fidelity Total Bond ETF by 3.1% during the 3rd quarter. Rockefeller Capital Management L.P. now owns 39,999 shares of the company’s stock worth $1,869,000 after acquiring an additional 1,188 shares during the last quarter. Arete Wealth Advisors LLC boosted its position in Fidelity Total Bond ETF by 78.3% during the 3rd quarter. Arete Wealth Advisors LLC now owns 448,065 shares of the company’s stock valued at $20,923,000 after buying an additional 196,783 shares during the period. JPMorgan Chase & Co. increased its position in shares of Fidelity Total Bond ETF by 11.2% in the third quarter. JPMorgan Chase & Co. now owns 5,169,480 shares of the company’s stock valued at $241,622,000 after acquiring an additional 520,113 shares during the period. Centerline Wealth Advisors LLC purchased a new stake in shares of Fidelity Total Bond ETF during the fourth quarter worth about $15,492,000. Finally, W.G. Shaheen & Associates DBA Whitney & Co increased its holdings in Fidelity Total Bond ETF by 3.5% during the 3rd quarter. W.G. Shaheen & Associates DBA Whitney & Co now owns 608,721 shares of the company’s stock valued at $28,452,000 after purchasing an additional 20,500 shares during the period.

Fidelity Total Bond ETF Stock Performance

FBND opened at $45.59 on Wednesday. The stock’s 50 day moving average price is $45.18 and its 200-day moving average price is $45.72. The stock has a market capitalization of $17.93 billion, a PE ratio of 9.09 and a beta of 0.26. Fidelity Total Bond ETF has a 52-week low of $44.01 and a 52-week high of $47.30.

Fidelity Total Bond ETF Cuts Dividend

The company also recently announced 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 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.