First Heartland Consultants Inc. Acquires 16,028 Shares of Fidelity Total Bond ETF $FBND

First Heartland Consultants Inc. increased its stake in Fidelity Total Bond ETF (NYSEARCA:FBND) by 6.3% in the 4th quarter, HoldingsChannel reports. The fund owned 269,725 shares of the company’s stock after acquiring an additional 16,028 shares during the period. Fidelity Total Bond ETF accounts for approximately 0.9% of First Heartland Consultants Inc.’s holdings, making the stock its 28th largest holding. First Heartland Consultants Inc.’s holdings in Fidelity Total Bond ETF were worth $12,418,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently added to or reduced their stakes in the stock. EnRich Financial Partners LLC increased its position in shares of Fidelity Total Bond ETF by 4.0% during the 3rd quarter. EnRich Financial Partners LLC now owns 475,238 shares of the company’s stock valued at $21,975,000 after purchasing an additional 18,362 shares during the last quarter. McGlone Suttner Wealth Management Inc. lifted its position in Fidelity Total Bond ETF by 2.2% in the third quarter. McGlone Suttner Wealth Management Inc. now owns 986,032 shares of the company’s stock worth $45,594,000 after buying an additional 21,091 shares during the last quarter. Weatherly Asset Management L. P. lifted its position in Fidelity Total Bond ETF by 8.6% in the third quarter. Weatherly Asset Management L. P. now owns 840,368 shares of the company’s stock worth $38,980,000 after buying an additional 66,885 shares during the last quarter. Dynamic Advisor Solutions LLC boosted its stake in Fidelity Total Bond ETF by 4.5% during the third quarter. Dynamic Advisor Solutions LLC now owns 988,443 shares of the company’s stock worth $45,706,000 after buying an additional 42,304 shares during the period. Finally, Drake & Associates LLC boosted its stake in 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 buying an additional 104,664 shares during the period.

Fidelity Total Bond ETF Stock Up 0.4%

FBND stock opened at $45.69 on Tuesday. Fidelity Total Bond ETF has a twelve month low of $44.30 and a twelve month high of $46.86. The stock has a market capitalization of $23.90 billion, a price-to-earnings ratio of 8.94 and a beta of 0.28. The firm’s fifty day simple moving average is $46.19 and its two-hundred day simple moving average is $46.32.

Fidelity Total Bond ETF Increases Dividend

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

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.