Fidelity Total Bond ETF $FBND Shares Acquired by Presidio Capital Management LLC

Presidio Capital Management LLC boosted its stake in Fidelity Total Bond ETF (NYSEARCA:FBND) by 3.9% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 631,037 shares of the company’s stock after buying an additional 23,833 shares during the quarter. Fidelity Total Bond ETF makes up about 10.2% of Presidio Capital Management LLC’s investment portfolio, making the stock its 2nd largest position. Presidio Capital Management LLC owned 0.13% of Fidelity Total Bond ETF worth $29,179,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently bought and sold shares of FBND. Caldwell Trust Co acquired a new stake in shares of Fidelity Total Bond ETF in the 2nd quarter valued at $34,000. Maryland Capital Advisors Inc. increased its position in shares of 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 purchasing an additional 651 shares in the last quarter. First Command Advisory Services Inc. bought a new position in Fidelity Total Bond ETF during the 3rd quarter valued at about $47,000. Darwin Wealth Management LLC acquired a new position in Fidelity Total Bond ETF in the second quarter valued at about $49,000. Finally, Cornerstone Planning Group LLC acquired a new position in Fidelity Total Bond ETF in the third quarter valued at about $50,000.

Fidelity Total Bond ETF Trading Up 0.3%

NYSEARCA FBND opened at $46.57 on Friday. Fidelity Total Bond ETF has a 1-year low of $44.30 and a 1-year high of $46.86. The company has a 50 day moving average of $46.19 and a 200-day moving average of $46.25. The firm has a market cap of $24.36 billion, a price-to-earnings ratio of 8.94 and a beta of 0.28.

Fidelity Total Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, February 2nd. Shareholders of record on Thursday, January 29th were given a $0.146 dividend. The ex-dividend date was Thursday, January 29th. This represents a c) annualized dividend and a yield of 3.8%.

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.