PCA Investment Advisory Services Inc. Has $13.47 Million Stock Position in Fidelity Total Bond ETF $FBND

PCA Investment Advisory Services Inc. lifted its stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 11.5% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 290,783 shares of the company’s stock after purchasing an additional 30,042 shares during the quarter. Fidelity Total Bond ETF comprises about 5.0% of PCA Investment Advisory Services Inc.’s investment portfolio, making the stock its 7th largest holding. PCA Investment Advisory Services Inc. owned 0.06% of Fidelity Total Bond ETF worth $13,469,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also bought and sold shares of the company. Commons Capital LLC bought a new stake in shares of Fidelity Total Bond ETF during the 2nd quarter worth about $792,000. SilverOak Wealth Management LLC boosted its holdings in shares of Fidelity Total Bond ETF by 6.2% in the second quarter. SilverOak Wealth Management LLC now owns 140,183 shares of the company’s stock valued at $6,413,000 after acquiring an additional 8,215 shares in the last quarter. Stratos Wealth Advisors LLC increased its stake in shares of Fidelity Total Bond ETF by 90.3% during the second quarter. Stratos Wealth Advisors LLC now owns 178,630 shares of the company’s stock valued at $8,172,000 after acquiring an additional 84,751 shares during the period. AssuredPartners Investment Advisors LLC raised its holdings in Fidelity Total Bond ETF by 30.9% during the second quarter. AssuredPartners Investment Advisors LLC now owns 17,411 shares of the company’s stock worth $797,000 after purchasing an additional 4,107 shares in the last quarter. Finally, Stratos Wealth Partners LTD. lifted its position in Fidelity Total Bond ETF by 10.0% in the second quarter. Stratos Wealth Partners LTD. now owns 77,215 shares of the company’s stock worth $3,533,000 after purchasing an additional 7,035 shares during the period.

Fidelity Total Bond ETF Stock Performance

Shares of NYSEARCA FBND opened at $46.57 on Friday. The stock has a fifty day moving average price of $46.19 and a two-hundred day moving average price of $46.24. The firm has a market cap of $24.36 billion, a P/E ratio of 8.94 and a beta of 0.28. Fidelity Total Bond ETF has a 1 year low of $44.30 and a 1 year high of $46.86.

Fidelity Total Bond ETF Cuts Dividend

The company also recently announced 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 of this dividend was Thursday, January 29th. This represents a c) annualized dividend and a yield of 3.8%.

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.