Fidelity Total Bond ETF (NYSEARCA:FBND) Shares Sold by Triad Wealth Partners LLC

Triad Wealth Partners LLC cut its stake in Fidelity Total Bond ETF (NYSEARCA:FBND) by 11.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 350,166 shares of the company’s stock after selling 43,238 shares during the quarter. Fidelity Total Bond ETF makes up 5.7% of Triad Wealth Partners LLC’s portfolio, making the stock its 4th biggest holding. Triad Wealth Partners LLC owned 0.18% of Fidelity Total Bond ETF worth $15,712,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of FBND. Mark Sheptoff Financial Planning LLC acquired a new position in shares of Fidelity Total Bond ETF during the 3rd quarter worth $25,000. Darwin Wealth Management LLC bought a new stake in Fidelity Total Bond ETF in the third quarter worth $54,000. Rothschild Investment LLC acquired a new position in Fidelity Total Bond ETF during the fourth quarter worth $63,000. Glassman Wealth Services bought a new position in Fidelity Total Bond ETF during the fourth quarter valued at about $70,000. Finally, Wilmington Savings Fund Society FSB acquired a new stake in shares of Fidelity Total Bond ETF in the third quarter worth about $87,000.

Fidelity Total Bond ETF Stock Performance

Shares of NYSEARCA FBND opened at $45.80 on Wednesday. The business’s 50-day simple moving average is $45.12 and its 200-day simple moving average is $45.75. Fidelity Total Bond ETF has a 52 week low of $44.01 and a 52 week high of $47.30. The firm has a market cap of $18.02 billion, a price-to-earnings ratio of 9.09 and a beta of 0.26.

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 issued a dividend of $0.163 per share. The ex-dividend date was Thursday, February 27th.

About Fidelity Total Bond ETF

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.