Sanctuary Advisors LLC Decreases Stake in Fidelity Total Bond ETF $FBND

Sanctuary Advisors LLC decreased its position in Fidelity Total Bond ETF (NYSEARCA:FBND) by 31.5% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 70,266 shares of the company’s stock after selling 32,249 shares during the period. Sanctuary Advisors LLC’s holdings in Fidelity Total Bond ETF were worth $3,235,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in FBND. EnRich Financial Partners LLC boosted its holdings in shares of Fidelity Total Bond ETF by 4.0% during the third quarter. EnRich Financial Partners LLC now owns 475,238 shares of the company’s stock worth $21,975,000 after purchasing an additional 18,362 shares during the period. Sunburst Financial Group LLC boosted its holdings in shares of Fidelity Total Bond ETF by 2.6% during the fourth quarter. Sunburst Financial Group LLC now owns 1,110,436 shares of the company’s stock worth $51,124,000 after purchasing an additional 28,089 shares during the period. Financial Management Network Inc. boosted its holdings in shares of Fidelity Total Bond ETF by 20.3% during the fourth quarter. Financial Management Network Inc. now owns 123,217 shares of the company’s stock worth $5,673,000 after purchasing an additional 20,803 shares during the period. Drake & Associates LLC boosted its holdings in shares of Fidelity Total Bond ETF by 14.3% during the third quarter. Drake & Associates LLC now owns 837,627 shares of the company’s stock worth $38,698,000 after purchasing an additional 104,664 shares during the period. Finally, Aspiriant LLC boosted its holdings in shares of Fidelity Total Bond ETF by 14.3% during the third quarter. Aspiriant LLC now owns 547,715 shares of the company’s stock worth $25,326,000 after purchasing an additional 68,351 shares during the period.

Fidelity Total Bond ETF Trading Up 0.1%

Fidelity Total Bond ETF stock opened at $45.56 on Friday. The firm has a 50-day moving average of $45.95 and a 200-day moving average of $46.20. 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 has a 1-year low of $44.73 and a 1-year high of $46.86.

Fidelity Total Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Monday, March 2nd. Stockholders of record on Thursday, February 26th were issued a dividend of $0.161 per share. This is an increase 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%. 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.