Oppenheimer & Co. Inc. Acquires 23,105 Shares of Fidelity Total Bond ETF $FBND

Oppenheimer & Co. Inc. increased its holdings in Fidelity Total Bond ETF (NYSEARCA:FBND) by 9.9% during the 4th quarter, HoldingsChannel reports. The firm owned 255,705 shares of the company’s stock after buying an additional 23,105 shares during the period. Oppenheimer & Co. Inc.’s holdings in Fidelity Total Bond ETF were worth $11,773,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the company. Cosner Financial Group LLC increased its position in Fidelity Total Bond ETF by 2.1% during the fourth quarter. Cosner Financial Group LLC now owns 21,281 shares of the company’s stock valued at $980,000 after acquiring an additional 428 shares during the last quarter. Sigma Planning Corp increased its position in Fidelity Total Bond ETF by 1.0% during the fourth quarter. Sigma Planning Corp now owns 166,257 shares of the company’s stock valued at $7,654,000 after acquiring an additional 1,622 shares during the last quarter. RCW Management LLC bought a new position in Fidelity Total Bond ETF during the fourth quarter valued at $816,000. Reicon Wealth Advisors LLC bought a new position in Fidelity Total Bond ETF during the fourth quarter valued at $239,000. Finally, W.G. Shaheen & Associates DBA Whitney & Co increased its position in Fidelity Total Bond ETF by 7.0% during the fourth quarter. W.G. Shaheen & Associates DBA Whitney & Co now owns 778,664 shares of the company’s stock valued at $35,850,000 after acquiring an additional 50,848 shares during the last quarter.

Fidelity Total Bond ETF Stock Up 0.1%

FBND stock opened at $45.60 on Friday. Fidelity Total Bond ETF has a twelve month low of $44.73 and a twelve month high of $46.86. The stock has a market capitalization of $25.55 billion, a price-to-earnings ratio of 8.94 and a beta of 0.28. The firm’s fifty day simple moving average is $45.95 and its two-hundred day simple moving average is $46.20.

Fidelity Total Bond ETF Increases Dividend

The company also recently disclosed 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 a positive change from Fidelity Total Bond ETF’s previous monthly dividend of $0.15. The ex-dividend date was Thursday, February 26th.

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.