Allworth Financial LP Sells 25,896 Shares of Fidelity Total Bond ETF $FBND

Allworth Financial LP decreased its position in Fidelity Total Bond ETF (NYSEARCA:FBND) by 7.9% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 299,886 shares of the company’s stock after selling 25,896 shares during the period. Allworth Financial LP owned about 0.06% of Fidelity Total Bond ETF worth $13,867,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the company. IFP Advisors Inc grew its holdings in Fidelity Total Bond ETF by 1.8% in the 3rd quarter. IFP Advisors Inc now owns 111,437 shares of the company’s stock worth $5,153,000 after acquiring an additional 1,974 shares during the last quarter. TD Capital Management LLC grew its stake in shares of Fidelity Total Bond ETF by 1.9% in the third quarter. TD Capital Management LLC now owns 165,784 shares of the company’s stock worth $7,666,000 after purchasing an additional 3,082 shares during the last quarter. Trust Investment Advisors grew its stake in shares of Fidelity Total Bond ETF by 17.3% in the third quarter. Trust Investment Advisors now owns 18,292 shares of the company’s stock worth $846,000 after purchasing an additional 2,700 shares during the last quarter. Maple Capital Management Inc. increased its holdings in Fidelity Total Bond ETF by 7.3% during the 3rd quarter. Maple Capital Management Inc. now owns 104,403 shares of the company’s stock valued at $4,828,000 after purchasing an additional 7,109 shares during the period. Finally, Centaurus Financial Inc. increased its holdings in Fidelity Total Bond ETF by 3.5% during the 3rd quarter. Centaurus Financial Inc. now owns 412,514 shares of the company’s stock valued at $19,075,000 after purchasing an additional 14,036 shares during the period.

Fidelity Total Bond ETF Price Performance

FBND opened at $45.89 on Friday. Fidelity Total Bond ETF has a one year low of $44.30 and a one year high of $46.86. The business has a 50 day simple moving average of $46.21 and a two-hundred day simple moving average of $46.32. The firm has a market capitalization of $24.00 billion, a price-to-earnings ratio of 8.94 and a beta of 0.28.

Fidelity Total Bond ETF Increases Dividend

The business also recently declared 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) annualized dividend 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.