Nicolet Advisory Services LLC Purchases 20,305 Shares of Fidelity Total Bond ETF $FBND

Nicolet Advisory Services LLC boosted its position in Fidelity Total Bond ETF (NYSEARCA:FBND) by 3.8% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 559,643 shares of the company’s stock after buying an additional 20,305 shares during the quarter. Fidelity Total Bond ETF makes up approximately 2.0% of Nicolet Advisory Services LLC’s portfolio, making the stock its 11th biggest position. Nicolet Advisory Services LLC’s holdings in Fidelity Total Bond ETF were worth $25,923,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of FBND. Northwestern Mutual Wealth Management Co. raised its stake in shares of Fidelity Total Bond ETF by 6.1% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 86,126,703 shares of the company’s stock worth $3,940,297,000 after acquiring an additional 4,963,926 shares in the last quarter. Bank of America Corp DE boosted its stake in shares of Fidelity Total Bond ETF by 5.4% in the 2nd quarter. Bank of America Corp DE now owns 12,270,942 shares of the company’s stock valued at $561,396,000 after purchasing an additional 629,015 shares in the last quarter. Sagespring Wealth Partners LLC boosted its stake in shares of Fidelity Total Bond ETF by 1.4% in the 3rd quarter. Sagespring Wealth Partners LLC now owns 9,869,968 shares of the company’s stock valued at $456,387,000 after purchasing an additional 136,223 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in shares of Fidelity Total Bond ETF by 5.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 9,199,410 shares of the company’s stock valued at $425,381,000 after purchasing an additional 445,810 shares during the last quarter. Finally, Dynasty Wealth Management LLC grew its holdings 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 valued at $307,801,000 after purchasing an additional 786,693 shares during the last quarter.

Fidelity Total Bond ETF Stock Down 0.1%

Shares of NYSEARCA:FBND opened at $45.75 on Friday. The stock has a market cap of $23.93 billion, a PE ratio of 8.94 and a beta of 0.28. The company’s fifty day moving average is $46.23 and its 200 day moving average is $46.32. Fidelity Total Bond ETF has a 52 week low of $44.30 and a 52 week high of $46.86.

Fidelity Total Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, March 2nd. Stockholders of record on Thursday, February 26th were paid a dividend of $0.161 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%. This is an increase from Fidelity Total Bond ETF’s previous monthly dividend of $0.15. The ex-dividend date of this dividend was Thursday, February 26th.

Fidelity Total Bond ETF 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.