Fidelity Total Bond ETF $FBND Shares Acquired by Apella Capital LLC

Apella Capital LLC grew its stake in Fidelity Total Bond ETF (NYSEARCA:FBND) by 13.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 216,036 shares of the company’s stock after purchasing an additional 25,634 shares during the quarter. Apella Capital LLC’s holdings in Fidelity Total Bond ETF were worth $9,946,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of FBND. EverSource Wealth Advisors LLC grew its position in shares of Fidelity Total Bond ETF by 19.0% in the second quarter. EverSource Wealth Advisors LLC now owns 10,451 shares of the company’s stock valued at $478,000 after purchasing an additional 1,672 shares during the period. Cerity Partners LLC grew its position in shares of Fidelity Total Bond ETF by 400.5% in the second quarter. Cerity Partners LLC now owns 40,079 shares of the company’s stock valued at $1,834,000 after purchasing an additional 32,071 shares during the period. Cary Street Partners Financial LLC grew its position in shares of Fidelity Total Bond ETF by 21.8% in the second quarter. Cary Street Partners Financial LLC now owns 31,396 shares of the company’s stock valued at $1,436,000 after purchasing an additional 5,612 shares during the period. Financial Strategies Group Inc. grew its position in shares of Fidelity Total Bond ETF by 7.2% in the second quarter. Financial Strategies Group Inc. now owns 509,993 shares of the company’s stock valued at $23,164,000 after purchasing an additional 34,404 shares during the period. Finally, NewEdge Advisors LLC grew its position in shares of Fidelity Total Bond ETF by 14.0% in the second quarter. NewEdge Advisors LLC now owns 696,674 shares of the company’s stock valued at $31,873,000 after purchasing an additional 85,294 shares during the period.

Fidelity Total Bond ETF Stock Down 0.1%

Shares of NYSEARCA FBND opened at $45.65 on Tuesday. The firm has a market cap of $25.03 billion, a price-to-earnings ratio of 8.94 and a beta of 0.28. Fidelity Total Bond ETF has a 52-week low of $44.30 and a 52-week high of $46.86. The company’s 50-day simple moving average is $46.09 and its 200-day simple moving average is $46.25.

Fidelity Total Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, March 2nd. Investors 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 a boost 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%.

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.