Commonwealth Equity Services LLC Grows Position in Fidelity Tactical Bond ETF (NYSEARCA:FTBD)

Commonwealth Equity Services LLC grew its stake in Fidelity Tactical Bond ETF (NYSEARCA:FTBD) by 14.6% during the 4th quarter, Holdings Channel reports. The fund owned 25,499 shares of the company’s stock after acquiring an additional 3,244 shares during the period. Commonwealth Equity Services LLC owned about 0.08% of Fidelity Tactical Bond ETF worth $1,226,000 at the end of the most recent reporting period.

Separately, Koshinski Asset Management Inc. lifted its holdings in Fidelity Tactical Bond ETF by 146.6% in the 4th quarter. Koshinski Asset Management Inc. now owns 73,459 shares of the company’s stock valued at $3,532,000 after purchasing an additional 43,672 shares in the last quarter.

Fidelity Tactical Bond ETF Trading Up 0.2 %

Shares of NYSEARCA FTBD opened at $48.75 on Monday. The company has a 50-day simple moving average of $48.72 and a 200-day simple moving average of $49.03. Fidelity Tactical Bond ETF has a 12 month low of $47.50 and a 12 month high of $51.06.

Fidelity Tactical Bond ETF Cuts Dividend

The firm also recently declared a dividend, which will be paid on Tuesday, April 1st. Shareholders of record on Friday, March 28th will be issued a $0.19 dividend. The ex-dividend date is Friday, March 28th.

Fidelity Tactical Bond ETF Company Profile

The Fidelity Tactical Bond ETF (FTBD) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that holds debt securities of any type, rating, and maturity, selected using a qualitative and quantitative security selection approach. FTBD was launched on Jan 24, 2023 and is managed by Fidelity.