Fidelity Total Bond ETF $FBND Shares Sold by Ameritas Advisory Services LLC

Ameritas Advisory Services LLC reduced its stake in Fidelity Total Bond ETF (NYSEARCA:FBND) by 61.4% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 326,588 shares of the company’s stock after selling 520,552 shares during the period. Fidelity Total Bond ETF accounts for about 1.0% of Ameritas Advisory Services LLC’s investment portfolio, making the stock its 20th biggest holding. Ameritas Advisory Services LLC owned about 0.07% of Fidelity Total Bond ETF worth $15,101,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently made changes to their positions in FBND. Mitchell Mcleod Pugh & Williams Inc. acquired a new position in Fidelity Total Bond ETF during the 2nd quarter valued at approximately $241,000. Private Wealth Asset Management LLC acquired a new position in shares of Fidelity Total Bond ETF during the second quarter valued at $170,000. RCS Financial Planning LLC boosted its holdings in shares of Fidelity Total Bond ETF by 6.9% during the second quarter. RCS Financial Planning LLC now owns 341,340 shares of the company’s stock valued at $15,676,000 after acquiring an additional 22,133 shares during the period. Wealthspan Partners LLC grew its position in shares of Fidelity Total Bond ETF by 9.2% during the second quarter. Wealthspan Partners LLC now owns 97,322 shares of the company’s stock worth $4,452,000 after acquiring an additional 8,229 shares during the last quarter. Finally, Latitude Advisors LLC increased its holdings in shares of Fidelity Total Bond ETF by 110.1% in the 2nd quarter. Latitude Advisors LLC now owns 17,542 shares of the company’s stock worth $803,000 after acquiring an additional 9,193 shares during the period.

Fidelity Total Bond ETF Stock Up 0.4%

Shares of NYSEARCA:FBND opened at $46.44 on Friday. The company’s 50-day moving average price is $46.18 and its 200 day moving average price is $46.23. The company has a market cap of $24.29 billion, a PE ratio of 8.94 and a beta of 0.28. Fidelity Total Bond ETF has a fifty-two week low of $44.30 and a fifty-two week high of $46.86.

Fidelity Total Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, February 2nd. Stockholders of record on Thursday, January 29th were given a dividend of $0.146 per share. The ex-dividend date was Thursday, January 29th. This represents a c) annualized dividend and a dividend yield of 3.8%.

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.