DecisionMap Wealth Management LLC Buys New Shares in Fidelity Total Bond ETF (NYSEARCA:FBND)

DecisionMap Wealth Management LLC purchased a new stake in Fidelity Total Bond ETF (NYSEARCA:FBND) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 15,053 shares of the company’s stock, valued at approximately $675,000.

Several other hedge funds have also made changes to their positions in the company. FMR LLC lifted its position 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 in the last quarter. Country Trust Bank lifted its position in shares of 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 valued at $268,829,000 after acquiring an additional 31,173 shares in the last quarter. JPMorgan Chase & Co. lifted its position in shares of 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 valued at $241,622,000 after acquiring an additional 520,113 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in shares of Fidelity Total Bond ETF in the 4th quarter valued at approximately $196,442,000. Finally, RFG Advisory LLC lifted its position in shares of 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 valued at $192,650,000 after acquiring an additional 250,764 shares in the last quarter.

Fidelity Total Bond ETF Stock Performance

Shares of NYSEARCA:FBND opened at $45.48 on Thursday. The company has a market cap of $17.89 billion, a PE ratio of 9.09 and a beta of 0.26. The firm has a 50 day simple moving average of $45.20 and a 200 day simple moving average of $45.72. 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 business also recently disclosed a dividend, which was paid on Monday, March 3rd. Shareholders of record on Thursday, February 27th were paid a $0.163 dividend. The ex-dividend date 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.