Glassman Wealth Services Buys Shares of 1,567 Fidelity Total Bond ETF (NYSEARCA:FBND)

Glassman Wealth Services acquired a new position in Fidelity Total Bond ETF (NYSEARCA:FBND) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 1,567 shares of the company’s stock, valued at approximately $70,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Wealthcare Capital Management LLC grew its position in shares of Fidelity Total Bond ETF by 3.0% in the 4th quarter. Wealthcare Capital Management LLC now owns 7,935 shares of the company’s stock worth $356,000 after buying an additional 231 shares during the last quarter. Dupree Financial Group LLC grew its position in shares of Fidelity Total Bond ETF by 1.6% in the 4th quarter. Dupree Financial Group LLC now owns 15,086 shares of the company’s stock worth $677,000 after buying an additional 238 shares during the last quarter. Waterfront Wealth Inc. grew its position 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 buying an additional 242 shares during the last quarter. Tritonpoint Wealth LLC grew its position in shares of Fidelity Total Bond ETF by 1.7% in the 4th quarter. Tritonpoint Wealth LLC now owns 18,718 shares of the company’s stock worth $844,000 after buying an additional 311 shares during the last quarter. Finally, Galvin Gaustad & Stein LLC grew its position in Fidelity Total Bond ETF by 0.8% during the 4th quarter. Galvin Gaustad & Stein LLC now owns 48,479 shares of the company’s stock worth $2,175,000 after purchasing an additional 386 shares during the last quarter.

Fidelity Total Bond ETF Trading Up 0.5 %

NYSEARCA:FBND opened at $45.89 on Friday. The company has a market cap of $9.16 billion, a PE ratio of 8.85 and a beta of 0.19. Fidelity Total Bond ETF has a twelve month low of $44.01 and a twelve month high of $47.30. The company’s 50 day moving average is $45.09 and its two-hundred day moving average is $45.76.

Fidelity Total Bond ETF Cuts Dividend

The business also recently announced a dividend, which will be paid on Monday, March 3rd. Shareholders of record on Thursday, February 27th will be given a dividend of $0.163 per share. The ex-dividend date is 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.