Centaurus Financial Inc. Buys 14,036 Shares of Fidelity Total Bond ETF $FBND

Centaurus Financial Inc. increased its stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 3.5% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 412,514 shares of the company’s stock after acquiring an additional 14,036 shares during the period. Fidelity Total Bond ETF accounts for about 0.9% of Centaurus Financial Inc.’s holdings, making the stock its 18th largest position. Centaurus Financial Inc.’s holdings in Fidelity Total Bond ETF were worth $19,075,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Caldwell Trust Co bought a new stake in Fidelity Total Bond ETF during the second quarter worth approximately $34,000. Clearstead Advisors LLC acquired a new position in Fidelity Total Bond ETF during the third quarter valued at approximately $36,000. Maryland Capital Advisors Inc. raised its position in shares of Fidelity Total Bond ETF by 378.5% in the third quarter. Maryland Capital Advisors Inc. now owns 823 shares of the company’s stock valued at $38,000 after purchasing an additional 651 shares during the period. First Command Advisory Services Inc. acquired a new stake in shares of Fidelity Total Bond ETF in the third quarter worth $47,000. Finally, Fifth Third Bancorp lifted its stake in shares of Fidelity Total Bond ETF by 78.0% in the third quarter. Fifth Third Bancorp now owns 1,068 shares of the company’s stock worth $49,000 after buying an additional 468 shares during the last quarter.

Fidelity Total Bond ETF Trading Up 0.2%

NYSEARCA FBND opened at $46.01 on Wednesday. Fidelity Total Bond ETF has a 1 year low of $44.30 and a 1 year high of $46.86. The company has a fifty day simple moving average of $46.23 and a 200 day simple moving average of $46.32. The company has a market cap of $24.06 billion, a P/E ratio of 8.94 and a beta of 0.28.

Fidelity Total Bond ETF Increases Dividend

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

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.