Rockefeller Capital Management L.P. Acquires 3,480 Shares of Fidelity Total Bond ETF (NYSEARCA:FBND)

Rockefeller Capital Management L.P. lifted its holdings in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 8.7% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 43,479 shares of the company’s stock after buying an additional 3,480 shares during the period. Rockefeller Capital Management L.P.’s holdings in Fidelity Total Bond ETF were worth $1,951,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. NFP Retirement Inc. increased its stake in shares of Fidelity Total Bond ETF by 25.6% during the 4th quarter. NFP Retirement Inc. now owns 551,555 shares of the company’s stock worth $24,748,000 after purchasing an additional 112,259 shares during the last quarter. Integrity Financial Corp WA grew its holdings in Fidelity Total Bond ETF by 1.8% during the fourth quarter. Integrity Financial Corp WA now owns 17,275 shares of the company’s stock worth $775,000 after purchasing an additional 299 shares during the period. Eley Financial Management Inc acquired a new position in Fidelity Total Bond ETF during the fourth quarter worth approximately $2,162,000. EnRich Financial Partners LLC raised its stake in Fidelity Total Bond ETF by 2.8% in the fourth quarter. EnRich Financial Partners LLC now owns 390,292 shares of the company’s stock valued at $17,512,000 after buying an additional 10,543 shares during the period. Finally, Kraft Davis & Associates LLC acquired a new stake in shares of Fidelity Total Bond ETF in the fourth quarter valued at approximately $546,000.

Fidelity Total Bond ETF Price Performance

Shares of Fidelity Total Bond ETF stock opened at $45.09 on Monday. The business has a fifty day simple moving average of $45.45 and a two-hundred day simple moving average of $45.43. 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 capitalization of $18.44 billion, a price-to-earnings ratio of 9.09 and a beta of 0.27.

Fidelity Total Bond ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Tuesday, April 1st. Investors of record on Friday, March 28th were paid a $0.163 dividend. 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.