Fidelity Total Bond ETF $FBND Shares Purchased by Certified Advisory Corp

Certified Advisory Corp raised its stake in Fidelity Total Bond ETF (NYSEARCA:FBND) by 4.9% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 440,417 shares of the company’s stock after acquiring an additional 20,507 shares during the quarter. Fidelity Total Bond ETF makes up approximately 1.9% of Certified Advisory Corp’s investment portfolio, making the stock its 7th largest position. Certified Advisory Corp owned 0.09% of Fidelity Total Bond ETF worth $20,365,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in FBND. PFG Advisors acquired a new position in Fidelity Total Bond ETF during the 3rd quarter worth approximately $19,569,000. Goodman Advisory Group LLC acquired a new stake in Fidelity Total Bond ETF in the third quarter valued at approximately $67,000. Prudent Investors Network Inc. grew its stake in shares of Fidelity Total Bond ETF by 13.1% during the third quarter. Prudent Investors Network Inc. now owns 1,073,400 shares of the company’s stock worth $49,634,000 after buying an additional 124,595 shares during the last quarter. Graney & King LLC grew its stake in shares of Fidelity Total Bond ETF by 349.1% during the third quarter. Graney & King LLC now owns 225,293 shares of the company’s stock worth $10,418,000 after buying an additional 175,124 shares during the last quarter. Finally, HUB Investment Partners LLC increased its holdings in shares of Fidelity Total Bond ETF by 3.6% during the third quarter. HUB Investment Partners LLC now owns 1,191,019 shares of the company’s stock worth $55,073,000 after buying an additional 41,659 shares in the last quarter.

Fidelity Total Bond ETF Stock Performance

Shares of FBND opened at $46.17 on Monday. Fidelity Total Bond ETF has a 52 week low of $44.30 and a 52 week high of $46.86. The stock has a market capitalization of $24.15 billion, a price-to-earnings ratio of 8.94 and a beta of 0.28. The stock has a fifty day moving average of $46.25 and a 200-day moving average of $46.32.

Fidelity Total Bond ETF Increases Dividend

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