Uptick Partners LLC Has $850,000 Stock Position in Fidelity Total Bond ETF $FBND

Uptick Partners LLC lifted its stake in Fidelity Total Bond ETF (NYSEARCA:FBND) by 169.1% during the 3rd quarter, Holdings Channel reports. The firm owned 18,390 shares of the company’s stock after acquiring an additional 11,555 shares during the period. Uptick Partners LLC’s holdings in Fidelity Total Bond ETF were worth $850,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Fifth Third Bancorp bought a new position in Fidelity Total Bond ETF during the second quarter worth about $27,000. Caldwell Trust Co acquired a new stake in shares of Fidelity Total Bond ETF in the 2nd quarter valued at approximately $34,000. Maryland Capital Advisors Inc. boosted its stake in Fidelity Total Bond ETF by 378.5% during the 3rd quarter. Maryland Capital Advisors Inc. now owns 823 shares of the company’s stock worth $38,000 after acquiring an additional 651 shares during the last quarter. First Command Advisory Services Inc. bought a new position in Fidelity Total Bond ETF during the 3rd quarter worth approximately $47,000. Finally, Darwin Wealth Management LLC bought a new stake in Fidelity Total Bond ETF in the second quarter valued at approximately $49,000.

Fidelity Total Bond ETF Stock Down 0.1%

Shares of NYSEARCA FBND opened at $46.02 on Friday. The company’s fifty day moving average is $46.23 and its 200-day moving average is $46.20. The stock has a market cap of $23.90 billion, a price-to-earnings ratio of 8.94 and a beta of 0.28. Fidelity Total Bond ETF has a twelve month low of $44.30 and a twelve month high of $46.86.

Fidelity Total Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which will be paid on Monday, February 2nd. Shareholders of record on Thursday, January 29th will be issued a dividend of $0.146 per share. The ex-dividend date is Thursday, January 29th. This represents a c) annualized dividend 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.