Aptus Capital Advisors LLC Has $54.78 Million Stock Position in Fidelity Total Bond ETF $FBND

Aptus Capital Advisors LLC boosted its position in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 5.0% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 1,184,713 shares of the company’s stock after purchasing an additional 56,513 shares during the quarter. Aptus Capital Advisors LLC owned about 0.25% of Fidelity Total Bond ETF worth $54,781,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. lifted its holdings in Fidelity Total Bond ETF by 6.1% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 86,126,703 shares of the company’s stock valued at $3,940,297,000 after buying an additional 4,963,926 shares during the period. Bank of America Corp DE grew its holdings in Fidelity Total Bond ETF by 5.4% during the 2nd quarter. Bank of America Corp DE now owns 12,270,942 shares of the company’s stock worth $561,396,000 after acquiring an additional 629,015 shares during the period. Sagespring Wealth Partners LLC raised its position in shares of Fidelity Total Bond ETF by 1.4% during the 3rd quarter. Sagespring Wealth Partners LLC now owns 9,869,968 shares of the company’s stock valued at $456,387,000 after acquiring an additional 136,223 shares during the last quarter. JPMorgan Chase & Co. raised its position in shares of Fidelity Total Bond ETF by 5.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 9,199,410 shares of the company’s stock valued at $425,381,000 after acquiring an additional 445,810 shares during the last quarter. Finally, Dynasty Wealth Management LLC lifted its stake in shares of Fidelity Total Bond ETF by 13.4% in the 3rd quarter. Dynasty Wealth Management LLC now owns 6,656,599 shares of the company’s stock valued at $307,801,000 after purchasing an additional 786,693 shares during the period.

Fidelity Total Bond ETF Stock Down 0.2%

NYSEARCA:FBND opened at $46.22 on Friday. Fidelity Total Bond ETF has a 12-month low of $44.30 and a 12-month high of $46.86. The stock’s fifty day simple moving average is $46.25 and its 200-day simple moving average is $46.31. The firm has a market capitalization of $24.17 billion, a P/E ratio of 8.94 and a beta of 0.28.

Fidelity Total Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Monday, March 2nd. Shareholders of record on Thursday, February 26th were issued a dividend of $0.161 per share. This represents a c) dividend on an annualized basis and a yield of 4.2%. This is an increase from Fidelity Total Bond ETF’s previous monthly dividend of $0.15. The ex-dividend date was Thursday, February 26th.

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.