Glassman Wealth Services Acquires Shares of 1,567 Fidelity Total Bond ETF (NYSEARCA:FBND)

Glassman Wealth Services acquired a new stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) in the 4th quarter, according to its most recent 13F filing with the SEC. The fund acquired 1,567 shares of the company’s stock, valued at approximately $70,000.

Several other institutional investors and hedge funds have also bought and sold shares of FBND. Gladstone Institutional Advisory LLC lifted its stake in Fidelity Total Bond ETF by 10.9% during the 3rd quarter. Gladstone Institutional Advisory LLC now owns 61,554 shares of the company’s stock valued at $2,877,000 after acquiring an additional 6,036 shares during the period. Weatherly Asset Management L. P. lifted its stake in shares of Fidelity Total Bond ETF by 14.9% in the 3rd quarter. Weatherly Asset Management L. P. now owns 626,386 shares of the company’s stock valued at $29,378,000 after purchasing an additional 81,090 shares during the period. Farther Finance Advisors LLC lifted its stake in shares of Fidelity Total Bond ETF by 1,709.1% in the 3rd quarter. Farther Finance Advisors LLC now owns 4,957 shares of the company’s stock valued at $232,000 after purchasing an additional 4,683 shares during the period. Janney Montgomery Scott LLC lifted its stake in shares of Fidelity Total Bond ETF by 0.7% in the 3rd quarter. Janney Montgomery Scott LLC now owns 112,907 shares of the company’s stock valued at $5,277,000 after purchasing an additional 753 shares during the period. Finally, Cedar Point Capital Partners LLC lifted its stake in shares of Fidelity Total Bond ETF by 10.4% in the 3rd quarter. Cedar Point Capital Partners LLC now owns 32,096 shares of the company’s stock valued at $1,500,000 after purchasing an additional 3,014 shares during the period.

Fidelity Total Bond ETF Price Performance

FBND opened at $45.89 on Friday. The firm has a fifty day moving average price of $45.09 and a 200 day moving average price of $45.76. Fidelity Total Bond ETF has a 1 year low of $44.01 and a 1 year high of $47.30. The stock has a market cap of $9.16 billion, a P/E ratio of 8.85 and a beta of 0.19.

Fidelity Total Bond ETF Cuts Dividend

The company also recently announced a dividend, which will be paid on Monday, March 3rd. Investors of record on Thursday, February 27th will be paid a $0.163 dividend. The ex-dividend date of this dividend is 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.