Fidelity Total Bond ETF $FBND Shares Acquired by RFG Advisory LLC

RFG Advisory LLC boosted its stake in Fidelity Total Bond ETF (NYSEARCA:FBND) by 35.1% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,399,914 shares of the company’s stock after buying an additional 364,062 shares during the period. Fidelity Total Bond ETF accounts for 1.2% of RFG Advisory LLC’s portfolio, making the stock its 10th biggest holding. RFG Advisory LLC owned about 0.27% of Fidelity Total Bond ETF worth $64,452,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently bought and sold shares of FBND. Cerity Partners LLC increased its stake in shares of Fidelity Total Bond ETF by 400.5% during the second quarter. Cerity Partners LLC now owns 40,079 shares of the company’s stock valued at $1,834,000 after acquiring an additional 32,071 shares during the period. Betterment LLC boosted its stake in Fidelity Total Bond ETF by 2.7% during the 2nd quarter. Betterment LLC now owns 97,501 shares of the company’s stock valued at $4,461,000 after purchasing an additional 2,597 shares in the last quarter. Darwin Wealth Management LLC acquired a new position in shares of Fidelity Total Bond ETF during the 2nd quarter valued at $49,000. Graney & King LLC increased its position in shares of Fidelity Total Bond ETF by 7.3% during the 2nd quarter. Graney & King LLC now owns 50,169 shares of the company’s stock valued at $2,295,000 after purchasing an additional 3,402 shares during the period. Finally, Ameriprise Financial Inc. raised its stake in shares of Fidelity Total Bond ETF by 40.9% in the 2nd quarter. Ameriprise Financial Inc. now owns 6,626 shares of the company’s stock worth $303,000 after buying an additional 1,924 shares in the last quarter.

Fidelity Total Bond ETF Stock Up 0.2%

Shares of Fidelity Total Bond ETF stock opened at $45.55 on Wednesday. The firm has a market cap of $25.52 billion, a price-to-earnings ratio of 8.94 and a beta of 0.28. The business has a fifty day simple moving average of $45.93 and a 200-day simple moving average of $46.18. Fidelity Total Bond ETF has a fifty-two week low of $44.73 and a fifty-two week high of $46.86.

Fidelity Total Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, March 2nd. Investors of record on Thursday, February 26th were issued a $0.161 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date 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.