Advisor OS LLC Purchases 20,362 Shares of Fidelity Total Bond ETF $FBND

Advisor OS LLC lifted its position in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 39.1% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 72,492 shares of the company’s stock after purchasing an additional 20,362 shares during the quarter. Advisor OS LLC’s holdings in Fidelity Total Bond ETF were worth $3,352,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Caldwell Trust Co bought a new position in shares of Fidelity Total Bond ETF in the 2nd quarter worth about $34,000. Clearstead Advisors LLC purchased a new stake in shares of Fidelity Total Bond ETF in the 3rd quarter worth approximately $36,000. Maryland Capital Advisors Inc. raised its stake in Fidelity Total Bond ETF by 378.5% during the third 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. bought a new stake in Fidelity Total Bond ETF in the third quarter worth $47,000. Finally, Fifth Third Bancorp grew its stake in shares of Fidelity Total Bond ETF by 78.0% in the third quarter. Fifth Third Bancorp now owns 1,068 shares of the company’s stock worth $49,000 after acquiring an additional 468 shares during the last quarter.

Fidelity Total Bond ETF Stock Performance

NYSEARCA:FBND opened at $46.60 on Thursday. The firm has a market cap of $24.37 billion, a P/E ratio of 8.94 and a beta of 0.28. Fidelity Total Bond ETF has a fifty-two week low of $44.30 and a fifty-two week high of $46.86. The firm has a 50-day simple moving average of $46.24 and a two-hundred day simple moving average of $46.29.

Fidelity Total Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which will be paid on Monday, March 2nd. Shareholders of record on Thursday, February 26th will be paid a dividend of $0.161 per share. The ex-dividend date is Thursday, February 26th. This represents a c) annualized dividend and a yield of 4.1%. This is a positive change 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.