Jones Financial Companies Lllp Boosts Stock Holdings in Fidelity Total Bond ETF $FBND

Jones Financial Companies Lllp raised its holdings in Fidelity Total Bond ETF (NYSEARCA:FBND) by 40.8% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 351,712 shares of the company’s stock after purchasing an additional 101,997 shares during the quarter. Jones Financial Companies Lllp’s holdings in Fidelity Total Bond ETF were worth $16,277,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Fidelity Total Bond ETF by 6.1% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 86,126,703 shares of the company’s stock valued at $3,940,297,000 after buying an additional 4,963,926 shares during the period. Bank of America Corp DE raised its position in Fidelity Total Bond ETF by 5.4% in the second quarter. Bank of America Corp DE now owns 12,270,942 shares of the company’s stock worth $561,396,000 after acquiring an additional 629,015 shares in the last quarter. Sagespring Wealth Partners LLC lifted its holdings in Fidelity Total Bond ETF by 1.4% in the third quarter. Sagespring Wealth Partners LLC now owns 9,869,968 shares of the company’s stock valued at $456,387,000 after acquiring an additional 136,223 shares during the period. Dynasty Wealth Management LLC boosted its position in shares of Fidelity Total Bond ETF by 13.4% during the 3rd quarter. Dynasty Wealth Management LLC now owns 6,656,599 shares of the company’s stock worth $307,801,000 after purchasing an additional 786,693 shares in the last quarter. Finally, Country Trust Bank grew its stake in shares of Fidelity Total Bond ETF by 1.4% during the 3rd quarter. Country Trust Bank now owns 6,272,214 shares of the company’s stock worth $290,027,000 after purchasing an additional 86,070 shares during the period.

Fidelity Total Bond ETF Stock Up 0.0%

Shares of FBND opened at $45.96 on Wednesday. Fidelity Total Bond ETF has a 52-week low of $44.30 and a 52-week high of $46.86. The company has a 50-day simple moving average of $46.21 and a 200-day simple moving average of $46.21. The company has a market capitalization of $24.04 billion, a PE ratio of 8.94 and a beta of 0.28.

Fidelity Total Bond ETF Cuts Dividend

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

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.