Bfsg LLC Purchases 17,894 Shares of Fidelity Total Bond ETF $FBND

Bfsg LLC grew its position in Fidelity Total Bond ETF (NYSEARCA:FBND) by 306.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 23,732 shares of the company’s stock after acquiring an additional 17,894 shares during the quarter. Bfsg LLC’s holdings in Fidelity Total Bond ETF were worth $1,093,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of FBND. Rialto Wealth Management LLC bought a new stake in shares of Fidelity Total Bond ETF in the 4th quarter worth approximately $32,000. Caldwell Trust Co acquired a new position in shares of Fidelity Total Bond ETF in the 2nd quarter worth approximately $34,000. Clearstead Advisors LLC acquired a new position in shares of Fidelity Total Bond ETF in the 3rd quarter worth approximately $36,000. Maryland Capital Advisors Inc. raised its holdings in shares of Fidelity Total Bond ETF by 378.5% in the 3rd quarter. Maryland Capital Advisors Inc. now owns 823 shares of the company’s stock worth $38,000 after buying an additional 651 shares in the last quarter. Finally, First Command Advisory Services Inc. acquired a new position in shares of Fidelity Total Bond ETF in the 3rd quarter worth approximately $47,000.

Fidelity Total Bond ETF Trading Down 0.2%

Shares of FBND opened at $45.79 on Friday. Fidelity Total Bond ETF has a 1 year low of $44.30 and a 1 year high of $46.86. The stock has a 50 day simple moving average of $46.06 and a 200-day simple moving average of $46.24. The stock has a market cap of $25.17 billion, a PE ratio of 8.94 and a beta of 0.30.

Fidelity Total Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Monday, March 2nd. Stockholders of record on Thursday, February 26th were issued a $0.161 dividend. This represents a c) dividend on an annualized basis and a dividend 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.

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.