Fidelity Total Bond ETF $FBND Shares Acquired by McGlone Suttner Wealth Management Inc.

McGlone Suttner Wealth Management Inc. raised its holdings in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 3.2% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,017,336 shares of the company’s stock after purchasing an additional 31,304 shares during the quarter. Fidelity Total Bond ETF accounts for approximately 6.3% of McGlone Suttner Wealth Management Inc.’s portfolio, making the stock its 5th largest position. McGlone Suttner Wealth Management Inc.’s holdings in Fidelity Total Bond ETF were worth $46,838,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of the business. Quadrant Capital Group LLC grew its holdings in shares of Fidelity Total Bond ETF by 0.6% during the third quarter. Quadrant Capital Group LLC now owns 38,010 shares of the company’s stock valued at $1,758,000 after buying an additional 220 shares during the last quarter. RWA Wealth Partners LLC increased its position in shares of Fidelity Total Bond ETF by 2.6% during the third quarter. RWA Wealth Partners LLC now owns 9,628 shares of the company’s stock worth $445,000 after acquiring an additional 241 shares in the last quarter. GWN Securities Inc. raised its holdings in shares of Fidelity Total Bond ETF by 1.3% in the 3rd quarter. GWN Securities Inc. now owns 21,992 shares of the company’s stock worth $1,017,000 after acquiring an additional 277 shares during the last quarter. Insight Wealth Strategies LLC raised its holdings in shares of Fidelity Total Bond ETF by 1.6% in the 3rd quarter. Insight Wealth Strategies LLC now owns 17,535 shares of the company’s stock worth $811,000 after acquiring an additional 281 shares during the last quarter. Finally, Capital CS Group LLC lifted its position in Fidelity Total Bond ETF by 4.8% in the 3rd quarter. Capital CS Group LLC now owns 6,224 shares of the company’s stock valued at $288,000 after acquiring an additional 286 shares in the last quarter.

Fidelity Total Bond ETF Stock Performance

FBND stock opened at $45.48 on Tuesday. The company has a market capitalization of $23.79 billion, a P/E ratio of 8.94 and a beta of 0.28. Fidelity Total Bond ETF has a 52-week low of $44.30 and a 52-week high of $46.86. The business has a 50-day simple moving average of $46.13 and a two-hundred day simple moving average of $46.28.

Fidelity Total Bond ETF Increases Dividend

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

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.