Physician Wealth Advisors Inc. Purchases 11,706 Shares of Fidelity Total Bond ETF $FBND

Physician Wealth Advisors Inc. lifted its holdings in Fidelity Total Bond ETF (NYSEARCA:FBND) by 4.1% during the 3rd quarter, Holdings Channel.com reports. The firm owned 294,673 shares of the company’s stock after buying an additional 11,706 shares during the period. Fidelity Total Bond ETF makes up about 1.9% of Physician Wealth Advisors Inc.’s investment portfolio, making the stock its 15th largest position. Physician Wealth Advisors Inc.’s holdings in Fidelity Total Bond ETF were worth $13,626,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. GWN Securities Inc. increased its holdings in Fidelity Total Bond ETF by 1.3% during the third quarter. GWN Securities Inc. now owns 21,992 shares of the company’s stock valued at $1,017,000 after buying an additional 277 shares during the last quarter. Insight Wealth Strategies LLC grew its position in shares of Fidelity Total Bond ETF by 1.6% during the 3rd quarter. Insight Wealth Strategies LLC now owns 17,535 shares of the company’s stock valued at $811,000 after acquiring an additional 281 shares during the period. Barnes Dennig Private Wealth Management LLC grew its position in shares of Fidelity Total Bond ETF by 8.9% during the 3rd quarter. Barnes Dennig Private Wealth Management LLC now owns 3,508 shares of the company’s stock valued at $162,000 after acquiring an additional 288 shares during the period. Cedar Point Capital Partners LLC increased its stake in shares of Fidelity Total Bond ETF by 1.4% in the 3rd quarter. Cedar Point Capital Partners LLC now owns 21,005 shares of the company’s stock worth $971,000 after purchasing an additional 292 shares in the last quarter. Finally, AssuredPartners Investment Advisors LLC raised its holdings in Fidelity Total Bond ETF by 1.8% in the 3rd quarter. AssuredPartners Investment Advisors LLC now owns 17,722 shares of the company’s stock worth $819,000 after purchasing an additional 311 shares during the period.

Fidelity Total Bond ETF Stock Performance

NYSEARCA FBND opened at $45.94 on Tuesday. The business’s fifty day moving average is $46.22 and its 200 day moving average is $46.21. Fidelity Total Bond ETF has a fifty-two week low of $44.30 and a fifty-two week high of $46.86. The company has a market capitalization of $24.03 billion, a PE ratio of 8.94 and a beta of 0.28.

Fidelity Total Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, February 2nd. Investors of record on Thursday, January 29th were paid a dividend of $0.146 per share. The ex-dividend date was Thursday, January 29th. This represents a c) dividend on an annualized basis and a dividend yield of 3.8%.

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.