Fidelity Total Bond ETF $FBND Shares Purchased by Savvy Advisors Inc.

Savvy Advisors Inc. raised its stake in Fidelity Total Bond ETF (NYSEARCA:FBND) by 29.9% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 98,179 shares of the company’s stock after buying an additional 22,601 shares during the period. Savvy Advisors Inc.’s holdings in Fidelity Total Bond ETF were worth $4,520,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently modified their holdings of the company. EnRich Financial Partners LLC raised its holdings in shares of Fidelity Total Bond ETF by 4.0% during the third quarter. EnRich Financial Partners LLC now owns 475,238 shares of the company’s stock valued at $21,975,000 after acquiring an additional 18,362 shares during the period. McGlone Suttner Wealth Management Inc. boosted its stake in Fidelity Total Bond ETF by 2.2% in the 3rd quarter. McGlone Suttner Wealth Management Inc. now owns 986,032 shares of the company’s stock worth $45,594,000 after purchasing an additional 21,091 shares during the period. Weatherly Asset Management L. P. grew its position in Fidelity Total Bond ETF by 8.6% during the 3rd quarter. Weatherly Asset Management L. P. now owns 840,368 shares of the company’s stock worth $38,980,000 after purchasing an additional 66,885 shares in the last quarter. Dynamic Advisor Solutions LLC raised its stake in Fidelity Total Bond ETF by 4.5% during the 3rd quarter. Dynamic Advisor Solutions LLC now owns 988,443 shares of the company’s stock valued at $45,706,000 after purchasing an additional 42,304 shares during the period. Finally, Drake & Associates LLC lifted its holdings in shares of Fidelity Total Bond ETF by 14.3% in the third quarter. Drake & Associates LLC now owns 837,627 shares of the company’s stock valued at $38,698,000 after purchasing an additional 104,664 shares in the last quarter.

Fidelity Total Bond ETF Price Performance

Shares of Fidelity Total Bond ETF stock opened at $45.71 on Friday. The stock has a market cap of $25.07 billion, a PE ratio of 8.94 and a beta of 0.28. The business has a fifty day simple moving average of $46.10 and a 200-day simple moving average of $46.26. 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 disclosed a monthly dividend, which was paid on Monday, March 2nd. Investors of record on Thursday, February 26th were paid a $0.161 dividend. The ex-dividend date of this dividend was Thursday, February 26th. 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.

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.