Fidelity Total Bond ETF $FBND Holdings Raised by Mountain Hill Investment Partners Corp.

Mountain Hill Investment Partners Corp. raised its holdings in Fidelity Total Bond ETF (NYSEARCA:FBND) by 23.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 313,840 shares of the company’s stock after purchasing an additional 60,428 shares during the quarter. Fidelity Total Bond ETF accounts for approximately 10.3% of Mountain Hill Investment Partners Corp.’s investment portfolio, making the stock its biggest holding. Mountain Hill Investment Partners Corp. owned 0.06% of Fidelity Total Bond ETF worth $14,449,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the business. EnRich Financial Partners LLC grew its position in Fidelity Total Bond ETF by 4.0% during the third quarter. EnRich Financial Partners LLC now owns 475,238 shares of the company’s stock valued at $21,975,000 after buying an additional 18,362 shares during the period. McGlone Suttner Wealth Management Inc. grew its position in Fidelity Total Bond ETF by 2.2% during the third quarter. McGlone Suttner Wealth Management Inc. now owns 986,032 shares of the company’s stock valued at $45,594,000 after buying an additional 21,091 shares during the period. Weatherly Asset Management L. P. boosted its stake in shares of Fidelity Total Bond ETF by 8.6% during the 3rd quarter. Weatherly Asset Management L. P. now owns 840,368 shares of the company’s stock worth $38,980,000 after acquiring an additional 66,885 shares in the last quarter. Sunburst Financial Group LLC boosted its stake in shares of Fidelity Total Bond ETF by 2.6% during the 4th quarter. Sunburst Financial Group LLC now owns 1,110,436 shares of the company’s stock worth $51,124,000 after acquiring an additional 28,089 shares in the last quarter. Finally, Dynamic Advisor Solutions LLC boosted its stake in shares of Fidelity Total Bond ETF by 4.5% during the 3rd quarter. Dynamic Advisor Solutions LLC now owns 988,443 shares of the company’s stock worth $45,706,000 after acquiring an additional 42,304 shares in the last quarter.

Fidelity Total Bond ETF Stock Down 0.2%

FBND stock opened at $45.88 on Friday. The company’s 50-day simple moving average is $46.06 and its 200-day simple moving average is $46.23. Fidelity Total Bond ETF has a 52-week low of $44.73 and a 52-week high of $46.86. The firm has a market cap of $25.34 billion, a P/E ratio of 8.94 and a beta of 0.30.

Fidelity Total Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Monday, March 2nd. Stockholders of record on Thursday, February 26th were paid a dividend of $0.161 per share. This represents a c) annualized dividend and a dividend yield of 4.2%. The ex-dividend date of this dividend was Thursday, February 26th. This is an increase from Fidelity Total Bond ETF’s previous monthly dividend of $0.15.

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.