Fidelity Total Bond ETF $FBND Shares Sold by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. lowered its position in Fidelity Total Bond ETF (NYSEARCA:FBND) by 19.3% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 232,600 shares of the company’s stock after selling 55,791 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in Fidelity Total Bond ETF were worth $10,755,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in FBND. GWN Securities Inc. increased its position in Fidelity Total Bond ETF by 1.3% during the 3rd quarter. GWN Securities Inc. now owns 21,992 shares of the company’s stock worth $1,017,000 after purchasing an additional 277 shares in the last quarter. Insight Wealth Strategies LLC raised its stake in shares of Fidelity Total Bond ETF by 1.6% in the 3rd quarter. Insight Wealth Strategies LLC now owns 17,535 shares of the company’s stock valued at $811,000 after acquiring an additional 281 shares during the period. Barnes Dennig Private Wealth Management LLC lifted its holdings in shares of Fidelity Total Bond ETF by 8.9% during the 3rd quarter. Barnes Dennig Private Wealth Management LLC now owns 3,508 shares of the company’s stock valued at $162,000 after acquiring an additional 288 shares in the last quarter. Cedar Point Capital Partners LLC lifted its holdings in shares of Fidelity Total Bond ETF by 1.4% during the 3rd quarter. Cedar Point Capital Partners LLC now owns 21,005 shares of the company’s stock valued at $971,000 after acquiring an additional 292 shares in the last quarter. Finally, AssuredPartners Investment Advisors LLC increased its holdings in Fidelity Total Bond ETF by 1.8% in the 3rd quarter. AssuredPartners Investment Advisors LLC now owns 17,722 shares of the company’s stock valued at $819,000 after purchasing an additional 311 shares in the last quarter.

Fidelity Total Bond ETF Price Performance

NYSEARCA:FBND opened at $46.17 on Tuesday. The business’s 50-day moving average is $46.18 and its two-hundred day moving average is $46.23. The firm has a market capitalization of $24.15 billion, a PE ratio of 8.94 and a beta of 0.28. Fidelity Total Bond ETF has a 12 month low of $44.30 and a 12 month high of $46.86.

Fidelity Total Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, February 2nd. Stockholders of record on Thursday, January 29th were paid a dividend of $0.146 per share. The ex-dividend date was Thursday, January 29th. This represents a c) dividend on an annualized basis and a dividend yield of 3.8%.

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.