Investors Research Corp Sells 222 Shares of Fidelity Total Bond ETF (NYSEARCA:FBND)

Investors Research Corp reduced its position in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 18.2% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,000 shares of the company’s stock after selling 222 shares during the period. Investors Research Corp’s holdings in Fidelity Total Bond ETF were worth $45,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Mark Sheptoff Financial Planning LLC bought a new position in shares of Fidelity Total Bond ETF in the third quarter worth about $25,000. PNC Financial Services Group Inc. bought a new position in shares of Fidelity Total Bond ETF in the fourth quarter worth about $25,000. Lindbrook Capital LLC bought a new position in shares of Fidelity Total Bond ETF in the fourth quarter worth about $32,000. Darwin Wealth Management LLC bought a new position in shares of Fidelity Total Bond ETF in the third quarter worth about $54,000. Finally, Rothschild Investment LLC bought a new position in shares of Fidelity Total Bond ETF in the fourth quarter worth about $63,000.

Fidelity Total Bond ETF Trading Up 0.4 %

Shares of NYSEARCA FBND opened at $45.76 on Tuesday. Fidelity Total Bond ETF has a 1-year low of $44.01 and a 1-year high of $47.30. The company has a market cap of $18.00 billion, a PE ratio of 9.09 and a beta of 0.26. The company has a 50-day moving average of $45.17 and a two-hundred day moving average of $45.73.

Fidelity Total Bond ETF Cuts Dividend

The business also recently announced 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 of this dividend was Thursday, February 27th.

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.