TD Waterhouse Canada Inc. Has $8.41 Million Holdings in Fidelity Total Bond ETF $FBND

TD Waterhouse Canada Inc. lifted its position in Fidelity Total Bond ETF (NYSEARCA:FBND) by 11.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 182,664 shares of the company’s stock after purchasing an additional 18,449 shares during the quarter. TD Waterhouse Canada Inc.’s holdings in Fidelity Total Bond ETF were worth $8,408,000 at the end of the most recent reporting period.

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

Fidelity Total Bond ETF Stock Performance

Shares of NYSEARCA FBND opened at $46.04 on Tuesday. The stock has a market cap of $25.54 billion, a PE ratio of 8.94 and a beta of 0.30. The business has a fifty day moving average of $46.05 and a two-hundred day moving average of $46.22. Fidelity Total Bond ETF has a 52-week low of $44.73 and a 52-week high of $46.86.

Fidelity Total Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Monday, March 2nd. Investors 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 an increase from Fidelity Total Bond ETF’s previous monthly dividend of $0.15.

About Fidelity Total Bond ETF

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.