Fidelity Total Bond ETF (NYSEARCA:FBND) Stock Position Lifted by Slagle Financial LLC

Slagle Financial LLC boosted its holdings in Fidelity Total Bond ETF (NYSEARCA:FBND) by 5.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 91,649 shares of the company’s stock after purchasing an additional 4,769 shares during the quarter. Fidelity Total Bond ETF makes up about 1.9% of Slagle Financial LLC’s investment portfolio, making the stock its 16th largest holding. Slagle Financial LLC’s holdings in Fidelity Total Bond ETF were worth $4,112,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Orion Portfolio Solutions LLC lifted its stake in Fidelity Total Bond ETF by 11.5% in the fourth quarter. Orion Portfolio Solutions LLC now owns 110,481 shares of the company’s stock valued at $4,957,000 after buying an additional 11,435 shares during the last quarter. Howe & Rusling Inc. bought a new stake in Fidelity Total Bond ETF during the 4th quarter valued at $481,000. AssuredPartners Investment Advisors LLC acquired a new stake in Fidelity Total Bond ETF in the fourth quarter worth about $504,000. JPMorgan Chase & Co. boosted its holdings in shares of Fidelity Total Bond ETF by 39.2% in the fourth quarter. JPMorgan Chase & Co. now owns 7,194,319 shares of the company’s stock valued at $322,809,000 after acquiring an additional 2,024,839 shares in the last quarter. Finally, Graney & King LLC acquired a new position in shares of Fidelity Total Bond ETF during the 4th quarter valued at $1,862,000.

Fidelity Total Bond ETF Stock Down 0.1 %

Shares of Fidelity Total Bond ETF stock opened at $45.45 on Friday. The business has a fifty day simple moving average of $45.39 and a 200-day simple moving average of $45.65. Fidelity Total Bond ETF has a fifty-two week low of $44.01 and a fifty-two week high of $47.30. The firm has a market cap of $18.15 billion, a price-to-earnings ratio of 9.03 and a beta of 0.26.

Fidelity Total Bond ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Monday, March 3rd. Shareholders of record on Thursday, February 27th were issued a $0.163 dividend. The ex-dividend date was Thursday, February 27th.

Fidelity Total Bond ETF 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.