Envestnet Asset Management Inc. Purchases Shares of 824,641 Frontier Asset Core Bond ETF (NYSEARCA:FCBD)

Envestnet Asset Management Inc. acquired a new stake in Frontier Asset Core Bond ETF (NYSEARCA:FCBD) during the fourth quarter, Holdings Channel.com reports. The fund acquired 824,641 shares of the company’s stock, valued at approximately $20,653,000.

A number of other hedge funds have also recently made changes to their positions in the business. Signature Estate & Investment Advisors LLC purchased a new position in Frontier Asset Core Bond ETF during the 4th quarter worth $1,200,000. Arete Wealth Advisors LLC bought a new position in shares of Frontier Asset Core Bond ETF during the fourth quarter valued at about $1,463,000. Frontier Asset Management LLC purchased a new position in Frontier Asset Core Bond ETF during the fourth quarter worth about $11,254,000. Finally, JPMorgan Chase & Co. bought a new stake in Frontier Asset Core Bond ETF in the 4th quarter worth about $25,831,000.

Frontier Asset Core Bond ETF Trading Up 0.4 %

Frontier Asset Core Bond ETF stock opened at $25.18 on Tuesday. Frontier Asset Core Bond ETF has a 52 week low of $24.71 and a 52 week high of $25.92. The business’s 50 day moving average price is $25.35.

Frontier Asset Core Bond ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Friday, April 4th. Shareholders of record on Friday, March 28th were given a $0.1998 dividend. The ex-dividend date was Friday, March 28th.

Frontier Asset Core Bond ETF Company Profile

The Frontier Asset Core Bond ETF (FCBD) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund-of-funds that invests in 6 to 12 underlying ETFs that hold US investment grade bonds of any maturity. The fund seeks to provide high income consistent with capital preservation.