D.A. Davidson & CO. Buys 95,784 Shares of Fidelity Total Bond ETF $FBND

D.A. Davidson & CO. increased its stake in Fidelity Total Bond ETF (NYSEARCA:FBND) by 39.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 339,107 shares of the company’s stock after purchasing an additional 95,784 shares during the period. D.A. Davidson & CO. owned approximately 0.07% of Fidelity Total Bond ETF worth $15,613,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. Dupree Financial Group LLC increased its stake in Fidelity Total Bond ETF by 1.6% in the fourth quarter. Dupree Financial Group LLC now owns 14,135 shares of the company’s stock valued at $651,000 after acquiring an additional 219 shares during the last quarter. Quadrant Capital Group LLC increased its stake in Fidelity Total Bond ETF by 0.6% in the third quarter. Quadrant Capital Group LLC now owns 38,010 shares of the company’s stock valued at $1,758,000 after acquiring an additional 220 shares during the last quarter. RWA Wealth Partners LLC increased its stake in Fidelity Total Bond ETF by 2.6% in the third quarter. RWA Wealth Partners LLC now owns 9,628 shares of the company’s stock valued at $445,000 after acquiring an additional 241 shares during the last quarter. GWN Securities Inc. increased its stake in Fidelity Total Bond ETF by 1.3% in the third quarter. GWN Securities Inc. now owns 21,992 shares of the company’s stock valued at $1,017,000 after acquiring an additional 277 shares during the last quarter. Finally, Capital CS Group LLC increased its stake in Fidelity Total Bond ETF by 4.8% in the third quarter. Capital CS Group LLC now owns 6,224 shares of the company’s stock valued at $288,000 after acquiring an additional 286 shares during the last quarter.

Fidelity Total Bond ETF Price Performance

Shares of NYSEARCA FBND opened at $45.87 on Tuesday. Fidelity Total Bond ETF has a one year low of $44.73 and a one year high of $46.86. The firm’s 50 day simple moving average is $46.00 and its two-hundred day simple moving average is $46.21. The stock has a market capitalization of $25.50 billion, a P/E ratio of 8.94 and a beta of 0.30.

Fidelity Total Bond ETF Increases Dividend

The firm also recently declared 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 was Thursday, February 26th. This is an increase from Fidelity Total Bond ETF’s previous monthly dividend of $0.15. This represents a c) dividend on an annualized basis 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.