Juno Financial Group LLC Takes Position in Fidelity Total Bond ETF $FBND

Juno Financial Group LLC bought a new position in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 405,448 shares of the company’s stock, valued at approximately $18,667,000. Fidelity Total Bond ETF makes up 7.5% of Juno Financial Group LLC’s investment portfolio, making the stock its 3rd biggest holding. Juno Financial Group LLC owned 0.08% of Fidelity Total Bond ETF as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also bought and sold shares of the business. Rialto Wealth Management LLC acquired a new stake in shares of Fidelity Total Bond ETF in the 4th quarter valued at approximately $32,000. Clearstead Advisors LLC acquired a new stake in shares of Fidelity Total Bond ETF in the 3rd quarter valued at approximately $36,000. Maryland Capital Advisors Inc. boosted its holdings in shares of Fidelity Total Bond ETF by 378.5% in the 3rd quarter. Maryland Capital Advisors Inc. now owns 823 shares of the company’s stock valued at $38,000 after buying an additional 651 shares during the last quarter. First Command Advisory Services Inc. acquired a new stake in shares of Fidelity Total Bond ETF in the 3rd quarter valued at approximately $47,000. Finally, Darwin Wealth Management LLC acquired a new stake in shares of Fidelity Total Bond ETF in the 2nd quarter valued at approximately $49,000.

Fidelity Total Bond ETF Trading Up 0.1%

NYSEARCA FBND opened at $45.95 on Thursday. The company has a market cap of $25.55 billion, a PE ratio of 8.94 and a beta of 0.30. Fidelity Total Bond ETF has a 12 month low of $44.73 and a 12 month high of $46.86. The stock has a 50 day moving average of $46.04 and a 200-day moving average of $46.22.

Fidelity Total Bond ETF Increases Dividend

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

Fidelity Total Bond ETF 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.