Fidelity Total Bond ETF $FBND Stake Lifted by WBH Advisory Inc.

WBH Advisory Inc. grew its holdings in Fidelity Total Bond ETF (NYSEARCA:FBND) by 16.1% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 712,397 shares of the company’s stock after buying an additional 98,605 shares during the period. Fidelity Total Bond ETF accounts for approximately 2.4% of WBH Advisory Inc.’s portfolio, making the stock its 7th largest position. WBH Advisory Inc. owned about 0.14% of Fidelity Total Bond ETF worth $32,799,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in FBND. Rialto Wealth Management LLC purchased a new position in shares of Fidelity Total Bond ETF during the fourth quarter worth about $32,000. Caldwell Trust Co purchased a new stake in Fidelity Total Bond ETF during the 2nd quarter valued at approximately $34,000. Clearstead Advisors LLC purchased a new stake in Fidelity Total Bond ETF during the 3rd quarter valued at approximately $36,000. Maryland Capital Advisors Inc. lifted its position in Fidelity Total Bond ETF by 378.5% during the 3rd quarter. Maryland Capital Advisors Inc. now owns 823 shares of the company’s stock worth $38,000 after acquiring an additional 651 shares during the period. Finally, First Command Advisory Services Inc. purchased a new position in shares of Fidelity Total Bond ETF in the 3rd quarter valued at approximately $47,000.

Fidelity Total Bond ETF Trading Down 0.2%

NYSEARCA:FBND opened at $45.88 on Friday. The firm has a market cap of $25.34 billion, a P/E ratio of 8.94 and a beta of 0.30. The stock’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 12-month low of $44.73 and a 12-month high of $46.86.

Fidelity Total Bond ETF Increases Dividend

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

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.