Fidelity Total Bond ETF (NYSEARCA:FBND) Shares Sold by Corient Private Wealth LLC

Corient Private Wealth LLC trimmed its position in Fidelity Total Bond ETF (NYSEARCA:FBND) by 46.7% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 241,097 shares of the company’s stock after selling 211,041 shares during the period. Corient Private Wealth LLC’s holdings in Fidelity Total Bond ETF were worth $10,818,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently made changes to their positions in FBND. Sachetta LLC increased its position in shares of Fidelity Total Bond ETF by 8.1% in the 3rd quarter. Sachetta LLC now owns 158,278 shares of the company’s stock valued at $7,399,000 after acquiring an additional 11,869 shares during the period. Strategy Asset Managers LLC acquired a new stake in Fidelity Total Bond ETF during the 3rd quarter worth about $615,000. Darwin Wealth Management LLC acquired a new stake in Fidelity Total Bond ETF during the 3rd quarter worth about $54,000. LPL Financial LLC grew its position in Fidelity Total Bond ETF by 27.5% during the 3rd quarter. LPL Financial LLC now owns 2,784,376 shares of the company’s stock worth $130,142,000 after purchasing an additional 600,874 shares during the period. Finally, Allen Capital Group LLC grew its position in Fidelity Total Bond ETF by 0.7% during the 3rd quarter. Allen Capital Group LLC now owns 125,143 shares of the company’s stock worth $5,849,000 after purchasing an additional 843 shares during the period.

Fidelity Total Bond ETF Stock Performance

Shares of FBND opened at $45.74 on Thursday. The business’s 50-day moving average is $45.27 and its two-hundred day moving average is $45.69. The company has a market capitalization of $18.27 billion, a P/E ratio of 9.03 and a beta of 0.26. Fidelity Total Bond ETF has a fifty-two week low of $44.01 and a fifty-two week high of $47.30.

Fidelity Total Bond ETF Cuts Dividend

The business 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 was Thursday, February 27th.

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.