Maple Capital Management Inc. Grows Holdings in Fidelity Total Bond ETF (NYSEARCA:FBND)

Maple Capital Management Inc. boosted its holdings in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 5.9% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 88,462 shares of the company’s stock after purchasing an additional 4,935 shares during the period. Maple Capital Management Inc.’s holdings in Fidelity Total Bond ETF were worth $3,969,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of the business. FMR LLC raised its stake in shares of Fidelity Total Bond ETF by 2.2% during the third quarter. FMR LLC now owns 12,604,148 shares of the company’s stock worth $589,118,000 after purchasing an additional 267,811 shares during the last quarter. Country Trust Bank increased its stake in Fidelity Total Bond ETF by 0.5% in the 4th quarter. Country Trust Bank now owns 5,991,275 shares of the company’s stock valued at $268,829,000 after buying an additional 31,173 shares during the period. JPMorgan Chase & Co. raised its position in Fidelity Total Bond ETF by 11.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 5,169,480 shares of the company’s stock worth $241,622,000 after buying an additional 520,113 shares during the last quarter. RFG Advisory LLC raised its position in Fidelity Total Bond ETF by 6.2% during the 4th quarter. RFG Advisory LLC now owns 4,293,510 shares of the company’s stock worth $192,650,000 after buying an additional 250,764 shares during the last quarter. Finally, Mather Group LLC. lifted its stake in shares of Fidelity Total Bond ETF by 3.0% in the 4th quarter. Mather Group LLC. now owns 3,651,935 shares of the company’s stock worth $163,862,000 after acquiring an additional 106,953 shares during the period.

Fidelity Total Bond ETF Stock Up 0.5 %

Shares of Fidelity Total Bond ETF stock opened at $45.89 on Friday. The firm has a market cap of $9.16 billion, a price-to-earnings ratio of 8.85 and a beta of 0.19. Fidelity Total Bond ETF has a 52-week low of $44.01 and a 52-week high of $47.30. The company’s 50-day simple moving average is $45.09 and its 200-day simple moving average is $45.77.

Fidelity Total Bond ETF Cuts Dividend

The firm also recently announced a dividend, which will be paid on Monday, March 3rd. Shareholders of record on Thursday, February 27th will be given a dividend of $0.163 per share. The ex-dividend date is Thursday, February 27th.

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.