Fidelity Total Bond ETF $FBND is Scott Capital Advisors LLC’s 9th Largest Position

Scott Capital Advisors LLC grew its stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 11.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 341,417 shares of the company’s stock after buying an additional 35,176 shares during the quarter. Fidelity Total Bond ETF accounts for approximately 3.5% of Scott Capital Advisors LLC’s portfolio, making the stock its 9th largest holding. Scott Capital Advisors LLC owned about 0.07% of Fidelity Total Bond ETF worth $15,719,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Rialto Wealth Management LLC bought a new stake in shares of Fidelity Total Bond ETF in the 4th quarter valued at about $32,000. Caldwell Trust Co bought a new position in Fidelity Total Bond ETF during the 2nd quarter worth approximately $34,000. Clearstead Advisors LLC purchased a new position in Fidelity Total Bond ETF in the 3rd quarter worth approximately $36,000. Maryland Capital Advisors Inc. lifted its position in Fidelity Total Bond ETF by 378.5% in the third quarter. Maryland Capital Advisors Inc. now owns 823 shares of the company’s stock valued at $38,000 after purchasing an additional 651 shares during the last quarter. Finally, First Command Advisory Services Inc. bought a new stake in Fidelity Total Bond ETF in the third quarter valued at approximately $47,000.

Fidelity Total Bond ETF Stock Performance

NYSEARCA:FBND opened at $45.56 on Wednesday. Fidelity Total Bond ETF has a fifty-two week low of $44.30 and a fifty-two week high of $46.86. The firm has a market cap of $23.83 billion, a PE ratio of 8.94 and a beta of 0.28. The business has a 50 day moving average price of $46.18 and a 200-day moving average price of $46.31.

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 issued a dividend of $0.161 per share. The ex-dividend date was Thursday, February 26th. This represents a c) dividend on an annualized basis and a yield of 4.2%. This is an increase from Fidelity Total Bond ETF’s previous monthly dividend of $0.15.

About Fidelity Total Bond ETF

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.