CRA Financial Services LLC Purchases 16,839 Shares of Fidelity Total Bond ETF $FBND

CRA Financial Services LLC grew its position in Fidelity Total Bond ETF (NYSEARCA:FBND) by 14.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 137,289 shares of the company’s stock after purchasing an additional 16,839 shares during the period. Fidelity Total Bond ETF comprises about 0.8% of CRA Financial Services LLC’s portfolio, making the stock its 27th largest position. CRA Financial Services LLC’s holdings in Fidelity Total Bond ETF were worth $6,321,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Essential Planning LLC. increased its stake in Fidelity Total Bond ETF by 59.9% in the 4th quarter. Essential Planning LLC. now owns 91,614 shares of the company’s stock valued at $4,218,000 after buying an additional 34,329 shares during the last quarter. ADG Wealth Management Group LLC purchased a new position in shares of Fidelity Total Bond ETF in the 4th quarter worth approximately $272,000. McGlone Suttner Wealth Management Inc. grew its holdings in shares of Fidelity Total Bond ETF by 3.2% in the fourth quarter. McGlone Suttner Wealth Management Inc. now owns 1,017,336 shares of the company’s stock valued at $46,838,000 after acquiring an additional 31,304 shares in the last quarter. Jaffetilchin Investment Partners LLC bought a new position in shares of Fidelity Total Bond ETF in the fourth quarter valued at approximately $209,000. Finally, Brookstone Capital Management increased its position in shares of Fidelity Total Bond ETF by 12.2% during the fourth quarter. Brookstone Capital Management now owns 806,708 shares of the company’s stock valued at $37,141,000 after acquiring an additional 87,421 shares during the last quarter.

Fidelity Total Bond ETF Trading Down 0.0%

Shares of FBND opened at $45.61 on Thursday. The stock has a 50 day moving average of $46.11 and a 200 day moving average of $46.27. The company has a market capitalization of $23.85 billion, a price-to-earnings ratio of 8.94 and a beta of 0.28. Fidelity Total Bond ETF has a 12 month low of $44.30 and a 12 month high of $46.86.

Fidelity Total Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, March 2nd. Stockholders 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 represents a c) annualized dividend and a dividend yield of 4.2%. 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.