Asempa Wealth Advisors Takes $1.17 Million Position in Fidelity Total Bond ETF $FBND

Asempa Wealth Advisors acquired a new stake in Fidelity Total Bond ETF (NYSEARCA:FBND) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 25,294 shares of the company’s stock, valued at approximately $1,165,000.

Several other large investors have also recently added to or reduced their stakes in the company. EnRich Financial Partners LLC increased its stake in Fidelity Total Bond ETF by 4.0% during the 3rd quarter. EnRich Financial Partners LLC now owns 475,238 shares of the company’s stock worth $21,975,000 after acquiring an additional 18,362 shares during the period. McGlone Suttner Wealth Management Inc. lifted its position in shares of Fidelity Total Bond ETF by 2.2% during the 3rd quarter. McGlone Suttner Wealth Management Inc. now owns 986,032 shares of the company’s stock valued at $45,594,000 after acquiring an additional 21,091 shares during the period. Weatherly Asset Management L. P. lifted its position in shares of Fidelity Total Bond ETF by 8.6% during the 3rd quarter. Weatherly Asset Management L. P. now owns 840,368 shares of the company’s stock valued at $38,980,000 after acquiring an additional 66,885 shares during the period. Dynamic Advisor Solutions LLC raised its stake in Fidelity Total Bond ETF by 4.5% in the third quarter. Dynamic Advisor Solutions LLC now owns 988,443 shares of the company’s stock valued at $45,706,000 after purchasing an additional 42,304 shares in the last quarter. Finally, Drake & Associates LLC raised its stake in Fidelity Total Bond ETF by 14.3% in the third quarter. Drake & Associates LLC now owns 837,627 shares of the company’s stock valued at $38,698,000 after purchasing an additional 104,664 shares in the last quarter.

Fidelity Total Bond ETF Stock Down 0.8%

FBND opened at $45.51 on Monday. The stock has a market capitalization of $23.80 billion, a price-to-earnings ratio of 8.94 and a beta of 0.28. 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 simple moving average of $46.20 and a 200 day simple moving average of $46.32.

Fidelity Total Bond ETF Increases Dividend

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

Fidelity Total Bond ETF 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.