Uptick Partners LLC Buys 48,148 Shares of Fidelity Total Bond ETF $FBND

Uptick Partners LLC lifted its stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 261.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 66,538 shares of the company’s stock after purchasing an additional 48,148 shares during the quarter. Fidelity Total Bond ETF accounts for about 0.7% of Uptick Partners LLC’s portfolio, making the stock its 29th largest position. Uptick Partners LLC’s holdings in Fidelity Total Bond ETF were worth $3,063,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Rialto Wealth Management LLC acquired a new position in shares of Fidelity Total Bond ETF during the fourth quarter worth $32,000. Clearstead Advisors LLC acquired a new stake in shares of Fidelity Total Bond ETF during the third quarter valued at about $36,000. First Command Advisory Services Inc. bought a new stake in shares of Fidelity Total Bond ETF during the third quarter worth about $47,000. Darwin Wealth Management LLC acquired a new position in shares of Fidelity Total Bond ETF in the second quarter valued at approximately $49,000. Finally, Fifth Third Bancorp increased its stake in shares of Fidelity Total Bond ETF by 78.0% in the third quarter. Fifth Third Bancorp now owns 1,068 shares of the company’s stock valued at $49,000 after buying an additional 468 shares during the period.

Fidelity Total Bond ETF Price Performance

Fidelity Total Bond ETF stock opened at $45.56 on Friday. The stock’s 50 day moving average is $45.95 and its 200 day moving average is $46.20. Fidelity Total Bond ETF has a one year low of $44.73 and a one year high of $46.86. The firm has a market cap of $25.39 billion, a P/E ratio of 8.94 and a beta of 0.30.

Fidelity Total Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Monday, March 2nd. Shareholders of record on Thursday, February 26th were given a dividend of $0.161 per share. This represents a c) dividend on an annualized basis and a yield of 4.2%. This is an increase from Fidelity Total Bond ETF’s previous monthly dividend of $0.15. The ex-dividend date of this dividend was Thursday, February 26th.

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.