Fidelity Total Bond ETF $FBND is Country Trust Bank’s 3rd Largest Position

Country Trust Bank boosted its stake in Fidelity Total Bond ETF (NYSEARCA:FBND) by 1.9% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 6,392,262 shares of the company’s stock after buying an additional 120,048 shares during the quarter. Fidelity Total Bond ETF makes up 5.3% of Country Trust Bank’s investment portfolio, making the stock its 3rd largest holding. Country Trust Bank owned 1.24% of Fidelity Total Bond ETF worth $294,300,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of FBND. Northwestern Mutual Wealth Management Co. raised its position in Fidelity Total Bond ETF by 3.9% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 89,517,143 shares of the company’s stock valued at $4,139,273,000 after buying an additional 3,390,440 shares during the last quarter. Gallagher Fiduciary Advisors LLC boosted its holdings in Fidelity Total Bond ETF by 4,220.9% during the second quarter. Gallagher Fiduciary Advisors LLC now owns 2,017,693 shares of the company’s stock worth $92,309,000 after purchasing an additional 1,970,997 shares during the last quarter. Thrivent Financial for Lutherans boosted its holdings in Fidelity Total Bond ETF by 37.6% during the third quarter. Thrivent Financial for Lutherans now owns 2,989,730 shares of the company’s stock worth $138,245,000 after purchasing an additional 816,419 shares during the last quarter. Dynasty Wealth Management LLC grew its position in Fidelity Total Bond ETF by 13.4% in the 3rd quarter. Dynasty Wealth Management LLC now owns 6,656,599 shares of the company’s stock worth $307,801,000 after purchasing an additional 786,693 shares in the last quarter. Finally, Modern Wealth Management LLC grew its position in Fidelity Total Bond ETF by 54.3% in the 3rd quarter. Modern Wealth Management LLC now owns 2,170,408 shares of the company’s stock worth $100,360,000 after purchasing an additional 764,134 shares in the last quarter.

Fidelity Total Bond ETF Stock Performance

NYSEARCA:FBND opened at $45.65 on Tuesday. Fidelity Total Bond ETF has a 52 week low of $44.30 and a 52 week high of $46.86. The firm has a 50-day moving average price of $46.09 and a two-hundred day moving average price of $46.25. 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 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 of this dividend was Thursday, February 26th. This is a positive change from Fidelity Total Bond ETF’s previous monthly dividend of $0.15. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%.

Fidelity Total Bond ETF Company 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.