EnRich Financial Partners LLC Purchases 10,543 Shares of Fidelity Total Bond ETF (NYSEARCA:FBND)

EnRich Financial Partners LLC increased its holdings in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 2.8% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 390,292 shares of the company’s stock after acquiring an additional 10,543 shares during the period. Fidelity Total Bond ETF makes up about 5.8% of EnRich Financial Partners LLC’s portfolio, making the stock its 8th largest holding. EnRich Financial Partners LLC owned 0.20% of Fidelity Total Bond ETF worth $17,512,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of FBND. Kraft Davis & Associates LLC acquired a new position in shares of Fidelity Total Bond ETF during the 4th quarter valued at about $546,000. Advisory Services Network LLC boosted its position in shares of Fidelity Total Bond ETF by 20.6% during the 4th quarter. Advisory Services Network LLC now owns 141,258 shares of the company’s stock worth $6,338,000 after acquiring an additional 24,090 shares in the last quarter. Shakespeare Wealth Management LLC grew its position in shares of Fidelity Total Bond ETF by 2.6% in the 4th quarter. Shakespeare Wealth Management LLC now owns 629,202 shares of the company’s stock valued at $28,232,000 after buying an additional 16,101 shares during the last quarter. Cerity Partners LLC purchased a new stake in Fidelity Total Bond ETF in the fourth quarter valued at approximately $282,000. Finally, FMR LLC grew its holdings in shares of Fidelity Total Bond ETF by 2.1% during the fourth quarter. FMR LLC now owns 12,865,154 shares of the company’s stock worth $577,259,000 after buying an additional 261,006 shares during the last quarter.

Fidelity Total Bond ETF Trading Up 0.4 %

Shares of FBND opened at $45.18 on Thursday. The stock’s 50 day moving average is $45.48 and its two-hundred day moving average is $45.53. The firm has a market capitalization of $18.47 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.

Fidelity Total Bond ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Tuesday, April 1st. Shareholders of record on Friday, March 28th were paid 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.