Holos Integrated Wealth LLC Takes $9.59 Million Position in Fidelity Total Bond ETF $FBND

Holos Integrated Wealth LLC purchased a new position in Fidelity Total Bond ETF (NYSEARCA:FBND) during the fourth quarter, HoldingsChannel.com reports. The fund purchased 208,237 shares of the company’s stock, valued at approximately $9,587,000. Fidelity Total Bond ETF accounts for approximately 5.4% of Holos Integrated Wealth LLC’s investment portfolio, making the stock its 4th biggest position.

Several other hedge funds and other institutional investors also recently made changes to their positions in FBND. CGN Advisors LLC raised its stake in Fidelity Total Bond ETF by 3.7% during the fourth quarter. CGN Advisors LLC now owns 22,298 shares of the company’s stock valued at $1,027,000 after buying an additional 799 shares during the last quarter. Roxbury Financial LLC grew its stake in shares of Fidelity Total Bond ETF by 12.7% in the fourth quarter. Roxbury Financial LLC now owns 4,348 shares of the company’s stock worth $200,000 after acquiring an additional 491 shares during the last quarter. Insight Wealth Strategies LLC grew its stake in shares of Fidelity Total Bond ETF by 22.1% in the fourth quarter. Insight Wealth Strategies LLC now owns 21,404 shares of the company’s stock worth $985,000 after acquiring an additional 3,869 shares during the last quarter. IFP Advisors Inc increased its holdings in shares of Fidelity Total Bond ETF by 1.8% during the third quarter. IFP Advisors Inc now owns 111,437 shares of the company’s stock valued at $5,153,000 after acquiring an additional 1,974 shares in the last quarter. Finally, TD Capital Management LLC increased its holdings in shares of Fidelity Total Bond ETF by 1.9% during the third quarter. TD Capital Management LLC now owns 165,784 shares of the company’s stock valued at $7,666,000 after acquiring an additional 3,082 shares in the last quarter.

Fidelity Total Bond ETF Price Performance

FBND opened at $45.89 on Friday. The firm has a market cap of $24.00 billion, a PE ratio of 8.94 and a beta of 0.28. The stock has a 50-day moving average price of $46.21 and a 200-day moving average price of $46.32. Fidelity Total Bond ETF has a 1 year low of $44.30 and a 1 year high of $46.86.

Fidelity Total Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, March 2nd. Shareholders of record on Thursday, February 26th were paid 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.