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

Rockefeller Capital Management L.P. grew its position in Fidelity Total Bond ETF (NYSEARCA:FBND) by 8.7% in the fourth quarter, Holdings Channel reports. The fund owned 43,479 shares of the company’s stock after acquiring an additional 3,480 shares during the quarter. Rockefeller Capital Management L.P.’s holdings in Fidelity Total Bond ETF were worth $1,951,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Wealthcare Capital Management LLC increased its position in Fidelity Total Bond ETF by 3.0% in the 4th quarter. Wealthcare Capital Management LLC now owns 7,935 shares of the company’s stock valued at $356,000 after acquiring an additional 231 shares during the period. Dupree Financial Group LLC increased its holdings in Fidelity Total Bond ETF by 1.6% in the fourth quarter. Dupree Financial Group LLC now owns 15,086 shares of the company’s stock valued at $677,000 after purchasing an additional 238 shares during the period. King Wealth Management Group raised its position in Fidelity Total Bond ETF by 1.0% during the 4th quarter. King Wealth Management Group now owns 23,930 shares of the company’s stock worth $1,074,000 after purchasing an additional 240 shares during the last quarter. Waterfront Wealth Inc. lifted its holdings in Fidelity Total Bond ETF by 0.9% during the 4th quarter. Waterfront Wealth Inc. now owns 27,898 shares of the company’s stock worth $1,252,000 after buying an additional 242 shares during the period. Finally, Integrity Financial Corp WA lifted its holdings in Fidelity Total Bond ETF by 1.8% during the 4th quarter. Integrity Financial Corp WA now owns 17,275 shares of the company’s stock worth $775,000 after buying an additional 299 shares during the period.

Fidelity Total Bond ETF Trading Down 0.2 %

Shares of FBND stock opened at $45.09 on Monday. Fidelity Total Bond ETF has a 1-year low of $44.01 and a 1-year high of $47.30. The stock has a market cap of $18.44 billion, a price-to-earnings ratio of 9.09 and a beta of 0.27. The stock has a 50-day moving average of $45.45 and a 200-day moving average of $45.43.

Fidelity Total Bond ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Tuesday, April 1st. Shareholders of record on Friday, March 28th were given a dividend of $0.163 per share. The ex-dividend date was Friday, March 28th.

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.