Tucker Asset Management LLC Takes Position in Fidelity Total Bond ETF (NYSEARCA:FBND)

Tucker Asset Management LLC acquired a new position in Fidelity Total Bond ETF (NYSEARCA:FBND) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 793 shares of the company’s stock, valued at approximately $36,000.

A number of other institutional investors and hedge funds have also bought and sold shares of FBND. Wealthcare Capital Management LLC raised its position in shares of Fidelity Total Bond ETF by 3.0% during the 4th quarter. Wealthcare Capital Management LLC now owns 7,935 shares of the company’s stock valued at $356,000 after buying an additional 231 shares in the last quarter. Dupree Financial Group LLC raised its position in Fidelity Total Bond ETF by 1.6% during the fourth quarter. Dupree Financial Group LLC now owns 15,086 shares of the company’s stock valued at $677,000 after purchasing an additional 238 shares in the last quarter. King Wealth Management Group lifted its stake in Fidelity Total Bond ETF by 1.0% during the fourth quarter. King Wealth Management Group now owns 23,930 shares of the company’s stock worth $1,074,000 after purchasing an additional 240 shares during the last quarter. Waterfront Wealth Inc. boosted its holdings in shares of Fidelity Total Bond ETF by 0.9% in the 4th quarter. Waterfront Wealth Inc. now owns 27,898 shares of the company’s stock worth $1,252,000 after purchasing an additional 242 shares in the last quarter. Finally, Tritonpoint Wealth LLC increased its position in shares of Fidelity Total Bond ETF by 1.7% during the 4th quarter. Tritonpoint Wealth LLC now owns 18,718 shares of the company’s stock valued at $844,000 after purchasing an additional 311 shares during the last quarter.

Fidelity Total Bond ETF Trading Up 0.1 %

Shares of NYSEARCA FBND opened at $45.50 on Friday. The stock’s 50-day moving average is $45.40 and its 200 day moving average is $45.63. The stock has a market cap of $18.17 billion, a price-to-earnings ratio of 9.03 and a beta of 0.26. Fidelity Total Bond ETF has a 1-year low of $44.01 and a 1-year high of $47.30.

Fidelity Total Bond ETF Cuts Dividend

The firm also recently announced a dividend, which will be paid on Tuesday, April 1st. Investors of record on Friday, March 28th will be issued a dividend of $0.163 per share. The ex-dividend date is Friday, March 28th.

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.