Primoris Wealth Advisors LLC Increases Holdings in Fidelity Total Bond ETF (NYSEARCA:FBND)

Primoris Wealth Advisors LLC raised its stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBNDFree Report) by 0.6% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 142,483 shares of the company’s stock after purchasing an additional 815 shares during the period. Fidelity Total Bond ETF accounts for about 4.9% of Primoris Wealth Advisors LLC’s investment portfolio, making the stock its 2nd biggest holding. Primoris Wealth Advisors LLC owned approximately 0.07% of Fidelity Total Bond ETF worth $6,393,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. PNC Financial Services Group Inc. purchased a new stake in shares of Fidelity Total Bond ETF in the fourth quarter worth $25,000. Lindbrook Capital LLC purchased a new stake in Fidelity Total Bond ETF in the 4th quarter worth $32,000. Tucker Asset Management LLC bought a new stake in Fidelity Total Bond ETF during the fourth quarter valued at about $36,000. Brown Brothers Harriman & Co. purchased a new position in shares of Fidelity Total Bond ETF in the fourth quarter valued at about $59,000. 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 Down 0.2 %

Shares of FBND opened at $44.68 on Friday. The business’s 50 day moving average is $45.47 and its 200 day moving average is $45.50. Fidelity Total Bond ETF has a 12-month low of $44.01 and a 12-month high of $47.30. The company has a market capitalization of $18.27 billion, a PE ratio of 9.09 and a beta of 0.27.

Fidelity Total Bond ETF Cuts Dividend

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

Fidelity Total Bond ETF Company Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Fidelity Total Bond ETF (NYSEARCA:FBND)

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