Bleakley Financial Group LLC Lowers Stock Holdings in Fidelity Total Bond ETF $FBND

Bleakley Financial Group LLC reduced its stake in Fidelity Total Bond ETF (NYSEARCA:FBND) by 12.0% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 677,809 shares of the company’s stock after selling 92,038 shares during the quarter. Bleakley Financial Group LLC owned about 0.14% of Fidelity Total Bond ETF worth $31,342,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in FBND. Sigma Planning Corp boosted its holdings in Fidelity Total Bond ETF by 4.6% in the third quarter. Sigma Planning Corp now owns 164,635 shares of the company’s stock worth $7,613,000 after acquiring an additional 7,180 shares in the last quarter. OneDigital Investment Advisors LLC raised its position in shares of Fidelity Total Bond ETF by 132.6% in the 3rd quarter. OneDigital Investment Advisors LLC now owns 385,231 shares of the company’s stock worth $17,813,000 after purchasing an additional 219,621 shares during the last quarter. Coyle Financial Counsel LLC boosted its stake in Fidelity Total Bond ETF by 21.8% in the 3rd quarter. Coyle Financial Counsel LLC now owns 735,709 shares of the company’s stock worth $34,019,000 after purchasing an additional 131,713 shares in the last quarter. AMG National Trust Bank grew its position in Fidelity Total Bond ETF by 8.8% during the 3rd quarter. AMG National Trust Bank now owns 14,748 shares of the company’s stock valued at $682,000 after purchasing an additional 1,195 shares during the last quarter. Finally, CFO4Life Group LLC increased its stake in Fidelity Total Bond ETF by 4.1% during the 3rd quarter. CFO4Life Group LLC now owns 118,219 shares of the company’s stock valued at $5,466,000 after purchasing an additional 4,603 shares in the last quarter.

Fidelity Total Bond ETF Stock Performance

Shares of Fidelity Total Bond ETF stock opened at $46.53 on Friday. The company has a 50-day simple moving average of $46.22 and a two-hundred day simple moving average of $46.27. The stock has a market capitalization of $24.34 billion, a PE ratio of 8.94 and a beta of 0.28. Fidelity Total Bond ETF has a 52-week low of $44.30 and a 52-week high of $46.86.

Fidelity Total Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, February 2nd. Investors of record on Thursday, January 29th were given a $0.146 dividend. The ex-dividend date of this dividend was Thursday, January 29th. This represents a c) annualized dividend and a yield of 3.8%.

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.