Stratos Wealth Advisors LLC Increases Holdings in Fidelity Total Bond ETF $FBND

Stratos Wealth Advisors LLC grew its holdings in Fidelity Total Bond ETF (NYSEARCA:FBND) by 17.0% in the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 209,050 shares of the company’s stock after buying an additional 30,420 shares during the quarter. Stratos Wealth Advisors LLC’s holdings in Fidelity Total Bond ETF were worth $9,666,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. GWN Securities Inc. raised its holdings in shares of 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 acquiring an additional 277 shares in the last quarter. Insight Wealth Strategies LLC increased its holdings in shares of Fidelity Total Bond ETF by 1.6% during the third 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 in the last quarter. Barnes Dennig Private Wealth Management LLC raised its position in shares of Fidelity Total Bond ETF by 8.9% in the 3rd quarter. Barnes Dennig Private Wealth Management LLC now owns 3,508 shares of the company’s stock worth $162,000 after purchasing an additional 288 shares during the last quarter. Cedar Point Capital Partners LLC boosted its stake in 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 boosted its stake 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 in the last quarter.

Fidelity Total Bond ETF Stock Performance

NYSEARCA:FBND opened at $46.32 on Wednesday. The firm has a market cap of $24.23 billion, a P/E 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 has a 50-day simple moving average of $46.18 and a two-hundred day simple moving average of $46.23.

Fidelity Total Bond ETF Cuts Dividend

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

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.