Harbor Group Inc. Purchases 21,839 Shares of Fidelity Total Bond ETF $FBND

Harbor Group Inc. grew its position in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 2.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,031,304 shares of the company’s stock after acquiring an additional 21,839 shares during the quarter. Fidelity Total Bond ETF comprises 7.1% of Harbor Group Inc.’s holdings, making the stock its 4th largest holding. Harbor Group Inc. owned 0.20% of Fidelity Total Bond ETF worth $47,481,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the company. MAI Capital Management grew its position in Fidelity Total Bond ETF by 431.3% in the 2nd quarter. MAI Capital Management now owns 3,204 shares of the company’s stock valued at $147,000 after purchasing an additional 2,601 shares during the period. Global Retirement Partners LLC bought a new position in shares of Fidelity Total Bond ETF in the second quarter valued at $25,450,000. Ameritas Investment Partners Inc. grew its holdings in shares of Fidelity Total Bond ETF by 26.2% during the second quarter. Ameritas Investment Partners Inc. now owns 12,788 shares of the company’s stock valued at $585,000 after buying an additional 2,653 shares during the last quarter. Resolute Wealth Strategies LLC increased its position in shares of Fidelity Total Bond ETF by 3.6% during the second quarter. Resolute Wealth Strategies LLC now owns 234,839 shares of the company’s stock worth $10,744,000 after acquiring an additional 8,151 shares in the last quarter. Finally, J.W. Cole Advisors Inc. raised its holdings in shares of Fidelity Total Bond ETF by 20.4% in the 2nd quarter. J.W. Cole Advisors Inc. now owns 210,665 shares of the company’s stock worth $9,638,000 after acquiring an additional 35,740 shares during the last quarter.

Fidelity Total Bond ETF Stock Performance

Shares of NYSEARCA FBND opened at $45.69 on Tuesday. The stock has a market cap of $23.90 billion, a price-to-earnings ratio of 8.94 and a beta of 0.28. Fidelity Total Bond ETF has a fifty-two week low of $44.30 and a fifty-two week high of $46.86. The firm’s 50-day simple moving average is $46.19 and its 200 day simple moving average is $46.32.

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 $0.161 dividend. This represents a c) annualized dividend and a dividend yield of 4.2%. This is a boost 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.