6,389 Shares in Fidelity Total Bond ETF (NYSEARCA:FBND) Bought by New England Private Wealth Advisors LLC

New England Private Wealth Advisors LLC bought a new position in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 6,389 shares of the company’s stock, valued at approximately $287,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of FBND. Mark Sheptoff Financial Planning LLC purchased a new position in shares of Fidelity Total Bond ETF during the third quarter valued at approximately $25,000. PNC Financial Services Group Inc. purchased a new position in Fidelity Total Bond ETF in the 4th quarter valued at approximately $25,000. Lindbrook Capital LLC bought a new position in Fidelity Total Bond ETF in the 4th quarter worth about $32,000. Darwin Wealth Management LLC bought a new position in Fidelity Total Bond ETF in the 3rd quarter valued at $54,000. Finally, Rothschild Investment LLC purchased a new position in Fidelity Total Bond ETF during the fourth quarter worth about $63,000.

Fidelity Total Bond ETF Price Performance

Shares of NYSEARCA:FBND opened at $45.59 on Wednesday. Fidelity Total Bond ETF has a one year low of $44.01 and a one year high of $47.30. The firm has a market capitalization of $17.93 billion, a price-to-earnings ratio of 9.09 and a beta of 0.26. The company’s fifty day moving average price is $45.18 and its 200-day moving average price is $45.72.

Fidelity Total Bond ETF Cuts Dividend

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