Ashton Thomas Private Wealth LLC Purchases 22,404 Shares of Fidelity Total Bond ETF $FBND

Ashton Thomas Private Wealth LLC increased its position in Fidelity Total Bond ETF (NYSEARCA:FBND) by 7.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 333,960 shares of the company’s stock after purchasing an additional 22,404 shares during the quarter. Ashton Thomas Private Wealth LLC owned approximately 0.06% of Fidelity Total Bond ETF worth $15,464,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Rialto Wealth Management LLC bought a new position in Fidelity Total Bond ETF in the fourth quarter worth $32,000. Clearstead Advisors LLC bought a new position in Fidelity Total Bond ETF in the third quarter worth $36,000. Maryland Capital Advisors Inc. lifted its position in Fidelity Total Bond ETF by 378.5% in the third quarter. Maryland Capital Advisors Inc. now owns 823 shares of the company’s stock worth $38,000 after purchasing an additional 651 shares during the period. First Command Advisory Services Inc. bought a new position in Fidelity Total Bond ETF in the third quarter worth $47,000. Finally, Fifth Third Bancorp lifted its position in Fidelity Total Bond ETF by 78.0% in 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 during the period.

Fidelity Total Bond ETF Price Performance

Shares of FBND stock opened at $45.96 on Monday. The stock has a market cap of $25.55 billion, a P/E ratio of 8.94 and a beta of 0.30. Fidelity Total Bond ETF has a one year low of $44.73 and a one year high of $46.86. The stock has a fifty day moving average price of $46.02 and a 200 day moving average price of $46.21.

Fidelity Total Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Monday, March 2nd. Investors of record on Thursday, February 26th were given 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 of this dividend was Thursday, February 26th.

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.