Fidelity Total Bond ETF $FBND Stock Holdings Lifted by Souders Financial Advisors

Souders Financial Advisors raised its stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 17.8% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 581,989 shares of the company’s stock after purchasing an additional 88,038 shares during the period. Fidelity Total Bond ETF accounts for 3.2% of Souders Financial Advisors’ holdings, making the stock its 8th biggest position. Souders Financial Advisors owned about 0.12% of Fidelity Total Bond ETF worth $26,911,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Fifth Third Bancorp acquired a new position in shares of Fidelity Total Bond ETF during the 2nd quarter worth approximately $27,000. Caldwell Trust Co acquired a new position in shares of Fidelity Total Bond ETF in the 2nd quarter valued at $34,000. Maryland Capital Advisors Inc. lifted its position in Fidelity Total Bond ETF by 378.5% in the third quarter. Maryland Capital Advisors Inc. now owns 823 shares of the company’s stock valued at $38,000 after buying an additional 651 shares during the last quarter. First Command Advisory Services Inc. acquired a new position in shares of Fidelity Total Bond ETF in the 3rd quarter worth approximately $47,000. Finally, Darwin Wealth Management LLC acquired a new position in Fidelity Total Bond ETF during the second quarter worth $49,000.

Fidelity Total Bond ETF Price Performance

NYSEARCA FBND opened at $46.02 on Friday. The company has a market cap of $23.90 billion, a P/E ratio of 8.94 and a beta of 0.28. Fidelity Total Bond ETF has a 1-year low of $44.30 and a 1-year high of $46.86. The stock has a 50-day moving average of $46.23 and a two-hundred day moving average of $46.20.

Fidelity Total Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which will be paid on Monday, February 2nd. Shareholders of record on Thursday, January 29th will be given a $0.146 dividend. The ex-dividend date of this dividend is Thursday, January 29th. This represents a c) dividend on an annualized basis and a yield of 3.8%.

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.