Fidelity Total Bond ETF (NYSEARCA:FBND) Shares Purchased by PFG Advisors

PFG Advisors boosted its holdings in Fidelity Total Bond ETF (NYSEARCA:FBND) by 19.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 279,572 shares of the company’s stock after purchasing an additional 44,593 shares during the quarter. Fidelity Total Bond ETF makes up 0.8% of PFG Advisors’ portfolio, making the stock its 26th biggest holding. PFG Advisors’ holdings in Fidelity Total Bond ETF were worth $12,544,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the business. FMR LLC increased its stake in Fidelity Total Bond ETF by 2.2% in the third quarter. FMR LLC now owns 12,604,148 shares of the company’s stock valued at $589,118,000 after purchasing an additional 267,811 shares during the last quarter. Country Trust Bank increased its stake in Fidelity Total Bond ETF by 0.5% in the fourth quarter. Country Trust Bank now owns 5,991,275 shares of the company’s stock valued at $268,829,000 after purchasing an additional 31,173 shares during the last quarter. JPMorgan Chase & Co. increased its stake in Fidelity Total Bond ETF by 11.2% in the third quarter. JPMorgan Chase & Co. now owns 5,169,480 shares of the company’s stock valued at $241,622,000 after purchasing an additional 520,113 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in Fidelity Total Bond ETF during the fourth quarter valued at about $196,442,000. Finally, RFG Advisory LLC grew its position in Fidelity Total Bond ETF by 6.2% during the fourth quarter. RFG Advisory LLC now owns 4,293,510 shares of the company’s stock valued at $192,650,000 after acquiring an additional 250,764 shares during the period.

Fidelity Total Bond ETF Trading Down 0.4 %

FBND stock opened at $45.59 on Wednesday. The stock has a 50-day moving average price of $45.18 and a two-hundred day moving average price of $45.72. Fidelity Total Bond ETF has a 12-month low of $44.01 and a 12-month high of $47.30. The company has a market cap of $17.93 billion, a PE ratio of 9.09 and a beta of 0.26.

Fidelity Total Bond ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Monday, March 3rd. Shareholders of record on Thursday, February 27th were given a dividend of $0.163 per share. The ex-dividend date was Thursday, February 27th.

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.