CreativeOne Wealth LLC Has $940,000 Stock Holdings in Fidelity Total Bond ETF (NYSEARCA:FBND)

CreativeOne Wealth LLC lifted its stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 14.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 20,960 shares of the company’s stock after acquiring an additional 2,687 shares during the quarter. CreativeOne Wealth LLC’s holdings in Fidelity Total Bond ETF were worth $940,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Sagespring Wealth Partners LLC bought a new position in Fidelity Total Bond ETF during the 4th quarter worth approximately $395,300,000. Raymond James Financial Inc. acquired a new stake in shares of Fidelity Total Bond ETF during the fourth quarter worth $196,442,000. JPMorgan Chase & Co. raised its stake in Fidelity Total Bond ETF by 39.2% during the fourth quarter. JPMorgan Chase & Co. now owns 7,194,319 shares of the company’s stock worth $322,809,000 after buying an additional 2,024,839 shares during the last quarter. Bank of New York Mellon Corp acquired a new position in Fidelity Total Bond ETF in the fourth quarter valued at $78,895,000. Finally, Dynasty Wealth Management LLC boosted its position in Fidelity Total Bond ETF by 142.1% during the fourth quarter. Dynasty Wealth Management LLC now owns 2,940,413 shares of the company’s stock valued at $131,936,000 after acquiring an additional 1,725,938 shares during the last quarter.

Fidelity Total Bond ETF Trading Down 0.2 %

Shares of Fidelity Total Bond ETF stock opened at $45.09 on Friday. The company has a market cap of $18.44 billion, a P/E ratio of 9.09 and a beta of 0.27. The business has a 50-day moving average price of $45.45 and a two-hundred day moving average price of $45.46. Fidelity Total Bond ETF has a 1-year low of $44.01 and a 1-year high of $47.30.

Fidelity Total Bond ETF Cuts Dividend

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

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.