Mosaic Financial Group LLC Has $1.32 Million Stock Holdings in Fidelity Total Bond ETF (NYSEARCA:FBND)

Mosaic Financial Group LLC increased its stake in Fidelity Total Bond ETF (NYSEARCA:FBND) by 8.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 29,412 shares of the company’s stock after acquiring an additional 2,380 shares during the quarter. Fidelity Total Bond ETF comprises 0.9% of Mosaic Financial Group LLC’s holdings, making the stock its 27th largest holding. Mosaic Financial Group LLC’s holdings in Fidelity Total Bond ETF were worth $1,320,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also added to or reduced their stakes in FBND. Rockefeller Capital Management L.P. grew its holdings 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 period. Arete Wealth Advisors LLC boosted its position in shares of 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 purchasing an additional 196,783 shares in the last quarter. JPMorgan Chase & Co. grew its stake in Fidelity Total Bond ETF by 11.2% during the third quarter. JPMorgan Chase & Co. now owns 5,169,480 shares of the company’s stock worth $241,622,000 after purchasing an additional 520,113 shares during the period. Centerline Wealth Advisors LLC bought a new stake in Fidelity Total Bond ETF in the fourth quarter worth approximately $15,492,000. Finally, Steward Partners Investment Advisory LLC lifted its stake in Fidelity Total Bond ETF by 367.5% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 16,438 shares of the company’s stock valued at $738,000 after buying an additional 12,922 shares during the period.

Fidelity Total Bond ETF Stock Up 0.3 %

Shares of FBND stock opened at $45.65 on Tuesday. The firm has a 50 day moving average of $45.42 and a 200-day moving average of $45.61. The company has a market cap of $18.23 billion, a price-to-earnings ratio of 9.03 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 business also recently declared a dividend, which will be paid on Tuesday, April 1st. Shareholders of record on Friday, March 28th will be issued a $0.163 dividend. The ex-dividend date is Friday, March 28th.

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.