Fidelity Total Bond ETF (NYSEARCA:FBND) Stock Position Boosted by Watchman Group Inc.

Posted by Grant Hamersma on Mar 30th, 2025

Watchman Group Inc. increased its holdings in shares of Fidelity Total Bond ETF (NYSEARCA:FBND – Free Report) by 5.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 183,414 shares of the company’s stock after purchasing an additional 9,455 shares during the period. Fidelity Total Bond ETF accounts for about 2.2% of Watchman Group Inc.’s holdings, making the stock its 9th biggest holding. Watchman Group Inc. owned approximately 0.09% of Fidelity Total Bond ETF worth $8,230,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in FBND. Mark Sheptoff Financial Planning LLC purchased a new stake in shares of Fidelity Total Bond ETF in the third quarter worth about $25,000. PNC Financial Services Group Inc. acquired a new stake in Fidelity Total Bond ETF in the fourth quarter valued at approximately $25,000. Lindbrook Capital LLC acquired a new position in shares of Fidelity Total Bond ETF during the fourth quarter worth $32,000. Tucker Asset Management LLC acquired a new stake in Fidelity Total Bond ETF during the 4th quarter valued at $36,000. Finally, Brown Brothers Harriman & Co. purchased a new stake in Fidelity Total Bond ETF during the 4th quarter worth $59,000.

Fidelity Total Bond ETF Price Performance

NYSEARCA:FBND opened at $45.50 on Friday. The firm has a 50-day moving average of $45.40 and a two-hundred day moving average of $45.63. The stock has a market cap of $18.17 billion, a P/E ratio of 9.03 and a beta of 0.26. Fidelity Total Bond ETF has a 1-year low of $44.01 and a 1-year high of $47.30.

Fidelity Total Bond ETF Cuts Dividend

The firm also recently declared a dividend, which will be paid on Tuesday, April 1st. Investors of record on Friday, March 28th will be issued a $0.163 dividend. The ex-dividend date of this dividend is Friday, March 28th.

Fidelity Total Bond ETF Profile

(Free Report)

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.