WestHill Financial Advisors Inc. Has $38.60 Million Stake in Fidelity Total Bond ETF $FBND

WestHill Financial Advisors Inc. lifted its position in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 3.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 838,376 shares of the company’s stock after purchasing an additional 31,673 shares during the period. Fidelity Total Bond ETF accounts for 7.3% of WestHill Financial Advisors Inc.’s portfolio, making the stock its 5th largest holding. WestHill Financial Advisors Inc.’s holdings in Fidelity Total Bond ETF were worth $38,599,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of FBND. EverSource Wealth Advisors LLC boosted its stake in shares of Fidelity Total Bond ETF by 19.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 10,451 shares of the company’s stock worth $478,000 after acquiring an additional 1,672 shares during the period. StoneX Group Inc. lifted its holdings in Fidelity Total Bond ETF by 491.5% during the 2nd quarter. StoneX Group Inc. now owns 50,973 shares of the company’s stock valued at $2,341,000 after purchasing an additional 42,355 shares during the last quarter. Cerity Partners LLC lifted its holdings in Fidelity Total Bond ETF by 400.5% during the 2nd quarter. Cerity Partners LLC now owns 40,079 shares of the company’s stock valued at $1,834,000 after purchasing an additional 32,071 shares during the last quarter. Cary Street Partners Financial LLC boosted its position in Fidelity Total Bond ETF by 21.8% during the second quarter. Cary Street Partners Financial LLC now owns 31,396 shares of the company’s stock worth $1,436,000 after purchasing an additional 5,612 shares during the period. Finally, Financial Strategies Group Inc. boosted its position in Fidelity Total Bond ETF by 7.2% during the second quarter. Financial Strategies Group Inc. now owns 509,993 shares of the company’s stock worth $23,164,000 after purchasing an additional 34,404 shares during the period.

Fidelity Total Bond ETF Price Performance

NYSEARCA:FBND opened at $45.71 on Monday. The company has a market cap of $25.07 billion, a P/E ratio of 8.94 and a beta of 0.28. The firm’s fifty day moving average price is $46.10 and its two-hundred day moving average price is $46.26. Fidelity Total Bond ETF has a one year low of $44.30 and a one year high of $46.86.

Fidelity Total Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Monday, March 2nd. Investors of record on Thursday, February 26th were issued a dividend of $0.161 per share. This represents a c) annualized dividend and a dividend yield of 4.2%. The ex-dividend date of this dividend was Thursday, February 26th. 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.