Liberty Wealth Management LLC Has $129,000 Holdings in Fidelity Total Bond ETF (NYSEARCA:FBND)

Liberty Wealth Management LLC lessened its position in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 42.7% during the 4th quarter, Holdings Channel.com reports. The firm owned 2,886 shares of the company’s stock after selling 2,150 shares during the quarter. Liberty Wealth Management LLC’s holdings in Fidelity Total Bond ETF were worth $129,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Mark Sheptoff Financial Planning LLC acquired a new stake in Fidelity Total Bond ETF in the 3rd quarter valued at $25,000. PNC Financial Services Group Inc. acquired a new stake in Fidelity Total Bond ETF in the 4th quarter valued at $25,000. Lindbrook Capital LLC acquired a new stake in Fidelity Total Bond ETF in the 4th quarter valued at $32,000. Darwin Wealth Management LLC acquired a new stake in Fidelity Total Bond ETF in the 3rd quarter valued at $54,000. Finally, Rothschild Investment LLC acquired a new stake in Fidelity Total Bond ETF in the 4th quarter valued at $63,000.

Fidelity Total Bond ETF Price Performance

Shares of FBND stock opened at $45.48 on Thursday. The stock’s fifty day simple moving average is $45.20 and its 200 day simple moving average is $45.72. The firm has a market cap of $17.89 billion, a price-to-earnings ratio of 9.09 and a beta of 0.26. Fidelity Total Bond ETF has a one year low of $44.01 and a one year high of $47.30.

Fidelity Total Bond ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Monday, March 3rd. Shareholders of record on Thursday, February 27th were paid a $0.163 dividend. 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.