Fidelity Total Bond ETF $FBND is Hunter Associates Investment Management LLC’s 4th Largest Position

Hunter Associates Investment Management LLC raised its position in Fidelity Total Bond ETF (NYSEARCA:FBND) by 22.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 565,279 shares of the company’s stock after purchasing an additional 102,027 shares during the quarter. Fidelity Total Bond ETF comprises 3.5% of Hunter Associates Investment Management LLC’s investment portfolio, making the stock its 4th biggest position. Hunter Associates Investment Management LLC owned 0.11% of Fidelity Total Bond ETF worth $26,034,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of FBND. Rialto Wealth Management LLC acquired a new position in Fidelity Total Bond ETF in the 4th quarter valued at about $32,000. Caldwell Trust Co acquired a new position in Fidelity Total Bond ETF in the 2nd quarter valued at about $34,000. Clearstead Advisors LLC acquired a new position in Fidelity Total Bond ETF in the 3rd quarter valued at about $36,000. Maryland Capital Advisors Inc. boosted its holdings in Fidelity Total Bond ETF by 378.5% in the 3rd 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 last quarter. Finally, First Command Advisory Services Inc. acquired a new position in Fidelity Total Bond ETF in the 3rd quarter valued at about $47,000.

Fidelity Total Bond ETF Price Performance

NYSEARCA:FBND opened at $45.72 on Wednesday. The firm has a market capitalization of $25.13 billion, a price-to-earnings ratio of 8.94 and a beta of 0.29. The company’s 50-day moving average is $46.08 and its two-hundred day moving average is $46.25. Fidelity Total Bond ETF has a 1-year low of $44.30 and a 1-year high of $46.86.

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 issued a $0.161 dividend. This represents a c) annualized dividend and a yield of 4.2%. The ex-dividend date was Thursday, February 26th. This is a positive change from Fidelity Total Bond ETF’s previous monthly dividend of $0.15.

About Fidelity Total Bond ETF

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.