Fidelity Total Bond ETF $FBND Holdings Lifted by Aspiriant LLC

Aspiriant LLC increased its holdings in Fidelity Total Bond ETF (NYSEARCA:FBND) by 34.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 735,702 shares of the company’s stock after acquiring an additional 187,987 shares during the period. Fidelity Total Bond ETF comprises about 1.0% of Aspiriant LLC’s holdings, making the stock its 16th largest holding. Aspiriant LLC owned approximately 0.14% of Fidelity Total Bond ETF worth $33,872,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. Northwestern Mutual Wealth Management Co. lifted its position in Fidelity Total Bond ETF by 3.9% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 89,517,143 shares of the company’s stock worth $4,139,273,000 after buying an additional 3,390,440 shares in the last quarter. Gallagher Fiduciary Advisors LLC grew its holdings in shares of Fidelity Total Bond ETF by 4,220.9% during the 2nd quarter. Gallagher Fiduciary Advisors LLC now owns 2,017,693 shares of the company’s stock valued at $92,309,000 after acquiring an additional 1,970,997 shares in the last quarter. Thrivent Financial for Lutherans increased its stake in shares of Fidelity Total Bond ETF by 37.6% in the third quarter. Thrivent Financial for Lutherans now owns 2,989,730 shares of the company’s stock worth $138,245,000 after acquiring an additional 816,419 shares during the last quarter. Dynasty Wealth Management LLC increased its stake in shares of Fidelity Total Bond ETF by 13.4% in the third quarter. Dynasty Wealth Management LLC now owns 6,656,599 shares of the company’s stock worth $307,801,000 after acquiring an additional 786,693 shares during the last quarter. Finally, Modern Wealth Management LLC raised its holdings in shares of Fidelity Total Bond ETF by 54.3% during the third quarter. Modern Wealth Management LLC now owns 2,170,408 shares of the company’s stock worth $100,360,000 after acquiring an additional 764,134 shares in the last quarter.

Fidelity Total Bond ETF Stock Performance

FBND opened at $45.71 on Friday. The stock has a market cap of $23.91 billion, a price-to-earnings ratio of 8.94 and a beta of 0.28. Fidelity Total Bond ETF has a 1 year low of $44.30 and a 1 year high of $46.86. The stock has a fifty day moving average price of $46.10 and a 200 day moving average price of $46.26.

Fidelity Total Bond ETF Increases Dividend

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

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.