World Investment Advisors Buys 42,583 Shares of Fidelity Total Bond ETF (NYSEARCA:FBND)

World Investment Advisors raised its stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 23.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 226,993 shares of the company’s stock after purchasing an additional 42,583 shares during the period. World Investment Advisors owned 0.11% of Fidelity Total Bond ETF worth $10,193,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also modified their holdings of FBND. Nicolet Advisory Services LLC increased its position in shares of Fidelity Total Bond ETF by 2.4% during the 4th quarter. Nicolet Advisory Services LLC now owns 548,449 shares of the company’s stock valued at $24,390,000 after purchasing an additional 12,975 shares during the last quarter. Milestone Investment Advisors LLC increased its position in Fidelity Total Bond ETF by 2,193.3% during the fourth quarter. Milestone Investment Advisors LLC now owns 225,937 shares of the company’s stock valued at $10,138,000 after acquiring an additional 216,085 shares during the last quarter. OneAscent Financial Services LLC purchased a new stake in shares of Fidelity Total Bond ETF in the fourth quarter valued at $13,666,000. Huntington National Bank raised its stake in shares of Fidelity Total Bond ETF by 7.3% in the fourth quarter. Huntington National Bank now owns 673,390 shares of the company’s stock valued at $30,215,000 after acquiring an additional 45,715 shares during the period. Finally, Lokken Investment Group LLC lifted its holdings in shares of Fidelity Total Bond ETF by 14.9% in the 4th quarter. Lokken Investment Group LLC now owns 144,471 shares of the company’s stock worth $6,482,000 after acquiring an additional 18,754 shares during the last quarter.

Fidelity Total Bond ETF Trading Down 0.0 %

Shares of NYSEARCA:FBND opened at $45.72 on Thursday. Fidelity Total Bond ETF has a 12 month low of $44.01 and a 12 month high of $47.30. The company has a market capitalization of $18.26 billion, a price-to-earnings ratio of 9.03 and a beta of 0.26. The firm’s 50-day moving average is $45.44 and its 200 day moving average is $45.60.

Fidelity Total Bond ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Tuesday, April 1st. Shareholders of record on Friday, March 28th were given a dividend of $0.163 per share. The ex-dividend date was Friday, March 28th.

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.