Fidelity Total Bond ETF $FBND Shares Acquired by W.G. Shaheen & Associates DBA Whitney & Co

W.G. Shaheen & Associates DBA Whitney & Co increased its holdings in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 7.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 778,664 shares of the company’s stock after purchasing an additional 50,848 shares during the quarter. Fidelity Total Bond ETF makes up about 2.9% of W.G. Shaheen & Associates DBA Whitney & Co’s investment portfolio, making the stock its 8th biggest holding. W.G. Shaheen & Associates DBA Whitney & Co owned 0.15% of Fidelity Total Bond ETF worth $35,850,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Rialto Wealth Management LLC acquired a new position in Fidelity Total Bond ETF during the fourth quarter worth $32,000. Clearstead Advisors LLC acquired a new stake in Fidelity Total Bond ETF in the third quarter valued at $36,000. First Command Advisory Services Inc. acquired a new stake in Fidelity Total Bond ETF in the third quarter valued at $47,000. Key Capital Management INC acquired a new stake in Fidelity Total Bond ETF in the fourth quarter valued at $49,000. Finally, Fifth Third Bancorp lifted its stake in Fidelity Total Bond ETF by 78.0% in the third quarter. Fifth Third Bancorp now owns 1,068 shares of the company’s stock valued at $49,000 after acquiring an additional 468 shares during the last quarter.

Fidelity Total Bond ETF Price Performance

Shares of FBND stock opened at $45.50 on Thursday. The stock has a market cap of $25.36 billion, a P/E ratio of 8.94 and a beta of 0.30. The company has a fifty day moving average price of $45.97 and a two-hundred day moving average price of $46.20. Fidelity Total Bond ETF has a one year low of $44.73 and a one year high of $46.86.

Fidelity Total Bond ETF Increases Dividend

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

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.