Fidelity Total Bond ETF $FBND Shares Acquired by Genesis Private Wealth LLC

Genesis Private Wealth LLC boosted its stake in Fidelity Total Bond ETF (NYSEARCA:FBND) by 9.0% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 315,452 shares of the company’s stock after acquiring an additional 26,093 shares during the quarter. Fidelity Total Bond ETF accounts for about 4.5% of Genesis Private Wealth LLC’s portfolio, making the stock its 3rd biggest holding. Genesis Private Wealth LLC owned 0.06% of Fidelity Total Bond ETF worth $14,523,000 as of its most recent filing with the SEC.

Other institutional investors have also recently added to or reduced their stakes in the company. Caldwell Trust Co acquired a new position in Fidelity Total Bond ETF during the second quarter worth $34,000. Clearstead Advisors LLC purchased a new position in Fidelity Total Bond ETF during the third quarter valued at $36,000. Maryland Capital Advisors Inc. grew its position in shares of Fidelity Total Bond ETF by 378.5% in the third quarter. Maryland Capital Advisors Inc. now owns 823 shares of the company’s stock valued at $38,000 after purchasing an additional 651 shares during the period. First Command Advisory Services Inc. acquired a new stake in shares of Fidelity Total Bond ETF in the third quarter valued at about $47,000. Finally, Fifth Third Bancorp increased its stake in shares of Fidelity Total Bond ETF by 78.0% during the third quarter. Fifth Third Bancorp now owns 1,068 shares of the company’s stock worth $49,000 after purchasing an additional 468 shares in the last quarter.

Fidelity Total Bond ETF Stock Down 0.8%

FBND opened at $45.51 on Friday. Fidelity Total Bond ETF has a twelve month low of $44.30 and a twelve month high of $46.86. The company has a 50-day moving average price of $46.20 and a 200 day moving average price of $46.32. The company has a market cap of $23.80 billion, a PE ratio of 8.94 and a beta of 0.28.

Fidelity Total Bond ETF Increases Dividend

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

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.