Fidelity Total Bond ETF (NYSEARCA:FBND) Shares Sold by Main Street Financial Solutions LLC

Main Street Financial Solutions LLC reduced its stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 2.0% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 449,162 shares of the company’s stock after selling 9,368 shares during the period. Fidelity Total Bond ETF accounts for approximately 2.0% of Main Street Financial Solutions LLC’s investment portfolio, making the stock its 8th biggest position. Main Street Financial Solutions LLC owned approximately 0.23% of Fidelity Total Bond ETF worth $20,154,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. JPMorgan Chase & Co. raised its position in shares of 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 acquiring an additional 520,113 shares during the last quarter. Centerline Wealth Advisors LLC bought a new position in Fidelity Total Bond ETF during the 4th quarter worth approximately $15,492,000. Steward Partners Investment Advisory LLC lifted its position in shares of Fidelity Total Bond ETF by 367.5% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 16,438 shares of the company’s stock worth $738,000 after purchasing an additional 12,922 shares during the period. Envestnet Portfolio Solutions Inc. boosted its stake in shares of Fidelity Total Bond ETF by 15.2% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 206,062 shares of the company’s stock valued at $9,246,000 after purchasing an additional 27,243 shares during the last quarter. Finally, Wealthcare Advisory Partners LLC increased its position in shares of Fidelity Total Bond ETF by 5.3% during the fourth quarter. Wealthcare Advisory Partners LLC now owns 1,078,366 shares of the company’s stock worth $48,386,000 after buying an additional 53,921 shares during the period.

Fidelity Total Bond ETF Stock Up 0.3 %

Shares of NYSEARCA FBND opened at $45.03 on Wednesday. The company has a market capitalization of $18.41 billion, a PE ratio of 9.09 and a beta of 0.27. Fidelity Total Bond ETF has a twelve month low of $44.01 and a twelve month high of $47.30. The firm has a fifty day simple moving average of $45.45 and a 200 day simple moving average of $45.47.

Fidelity Total Bond ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, April 1st. Stockholders of record on Friday, March 28th were given a $0.163 dividend. The ex-dividend date of this dividend was 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.