EnRich Financial Partners LLC Boosts Stock Holdings in Fidelity Total Bond ETF (NYSEARCA:FBND)

EnRich Financial Partners LLC raised its holdings in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 2.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 390,292 shares of the company’s stock after purchasing an additional 10,543 shares during the period. Fidelity Total Bond ETF accounts for about 5.8% of EnRich Financial Partners LLC’s holdings, making the stock its 8th largest holding. EnRich Financial Partners LLC’s holdings in Fidelity Total Bond ETF were worth $17,512,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the stock. Wealthcare Capital Management LLC lifted its position in Fidelity Total Bond ETF by 3.0% during the 4th quarter. Wealthcare Capital Management LLC now owns 7,935 shares of the company’s stock valued at $356,000 after acquiring an additional 231 shares during the period. Dupree Financial Group LLC boosted its position in shares of Fidelity Total Bond ETF by 1.6% during the fourth quarter. Dupree Financial Group LLC now owns 15,086 shares of the company’s stock valued at $677,000 after buying an additional 238 shares during the last quarter. King Wealth Management Group grew its stake in shares of Fidelity Total Bond ETF by 1.0% in the fourth quarter. King Wealth Management Group now owns 23,930 shares of the company’s stock worth $1,074,000 after acquiring an additional 240 shares during the period. Waterfront Wealth Inc. increased its position in Fidelity Total Bond ETF by 0.9% during the fourth quarter. Waterfront Wealth Inc. now owns 27,898 shares of the company’s stock valued at $1,252,000 after acquiring an additional 242 shares during the last quarter. Finally, Tritonpoint Wealth LLC lifted its stake in shares of Fidelity Total Bond ETF by 1.7% in the 4th quarter. Tritonpoint Wealth LLC now owns 18,718 shares of the company’s stock worth $844,000 after purchasing an additional 311 shares during the period.

Fidelity Total Bond ETF Price Performance

Shares of FBND stock opened at $45.18 on Thursday. The firm has a fifty day moving average price of $45.48 and a 200-day moving average price of $45.53. Fidelity Total Bond ETF has a 1 year low of $44.01 and a 1 year high of $47.30. The company has a market cap of $18.47 billion, a price-to-earnings 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. 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 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.