Howe & Rusling Inc. Purchases Shares of 10,709 Fidelity Total Bond ETF (NYSEARCA:FBND)

Howe & Rusling Inc. purchased a new position in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 10,709 shares of the company’s stock, valued at approximately $481,000.

Several other large investors also recently modified their holdings of the stock. Mark Sheptoff Financial Planning LLC bought a new stake in Fidelity Total Bond ETF in the 3rd quarter valued at about $25,000. PNC Financial Services Group Inc. acquired a new stake in Fidelity Total Bond ETF in the fourth quarter valued at approximately $25,000. Lindbrook Capital LLC bought a new stake in shares of Fidelity Total Bond ETF during the fourth quarter valued at approximately $32,000. Rothschild Investment LLC acquired a new position in shares of Fidelity Total Bond ETF during the fourth quarter worth approximately $63,000. Finally, Glassman Wealth Services acquired a new position in shares of Fidelity Total Bond ETF during the fourth quarter worth approximately $70,000.

Fidelity Total Bond ETF Trading Down 0.1 %

NYSEARCA FBND opened at $45.45 on Friday. The company has a market cap of $18.15 billion, a P/E ratio of 9.03 and a beta of 0.26. The company has a fifty day simple moving average of $45.39 and a 200 day simple moving average of $45.65. Fidelity Total Bond ETF has a 12-month low of $44.01 and a 12-month high of $47.30.

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

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.