OLIO Financial Planning Purchases 53,318 Shares of Fidelity Total Bond ETF $FBND

OLIO Financial Planning lifted its position in Fidelity Total Bond ETF (NYSEARCA:FBND) by 5.8% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 975,741 shares of the company’s stock after buying an additional 53,318 shares during the period. Fidelity Total Bond ETF makes up 12.6% of OLIO Financial Planning’s holdings, making the stock its 4th largest position. OLIO Financial Planning owned about 0.19% of Fidelity Total Bond ETF worth $44,923,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Rialto Wealth Management LLC acquired a new position in Fidelity Total Bond ETF during the fourth quarter worth about $32,000. Caldwell Trust Co bought a new stake in Fidelity Total Bond ETF in the second quarter worth about $34,000. Clearstead Advisors LLC acquired a new stake in Fidelity Total Bond ETF in the 3rd quarter valued at about $36,000. Maryland Capital Advisors Inc. boosted its position in shares of Fidelity Total Bond ETF by 378.5% during the 3rd quarter. Maryland Capital Advisors Inc. now owns 823 shares of the company’s stock valued at $38,000 after purchasing an additional 651 shares in the last quarter. Finally, First Command Advisory Services Inc. bought a new position in shares of Fidelity Total Bond ETF during the 3rd quarter valued at about $47,000.

Fidelity Total Bond ETF Price Performance

NYSEARCA FBND opened at $45.71 on Monday. Fidelity Total Bond ETF has a 12 month low of $44.30 and a 12 month high of $46.86. The company has a market capitalization of $25.07 billion, a P/E ratio of 8.94 and a beta of 0.28. The company’s 50 day simple moving average is $46.10 and its 200 day simple moving average is $46.26.

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 $0.161 dividend. This represents a c) annualized dividend and a yield of 4.2%. This is a positive change from Fidelity Total Bond ETF’s previous monthly dividend of $0.15. The ex-dividend date was Thursday, February 26th.

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.