Stratos Wealth Advisors LLC Acquires 30,420 Shares of Fidelity Total Bond ETF $FBND

Stratos Wealth Advisors LLC grew its holdings in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 17.0% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 209,050 shares of the company’s stock after purchasing an additional 30,420 shares during the quarter. Stratos Wealth Advisors LLC’s holdings in Fidelity Total Bond ETF were worth $9,666,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in FBND. GWN Securities Inc. grew its position in Fidelity Total Bond ETF by 1.3% during the third quarter. GWN Securities Inc. now owns 21,992 shares of the company’s stock valued at $1,017,000 after buying an additional 277 shares during the period. Insight Wealth Strategies LLC increased its stake in shares of Fidelity Total Bond ETF by 1.6% during the 3rd quarter. Insight Wealth Strategies LLC now owns 17,535 shares of the company’s stock worth $811,000 after purchasing an additional 281 shares during the last quarter. Barnes Dennig Private Wealth Management LLC raised its holdings in shares of Fidelity Total Bond ETF by 8.9% in the 3rd quarter. Barnes Dennig Private Wealth Management LLC now owns 3,508 shares of the company’s stock worth $162,000 after purchasing an additional 288 shares during the period. Cedar Point Capital Partners LLC lifted its stake in Fidelity Total Bond ETF by 1.4% in the third quarter. Cedar Point Capital Partners LLC now owns 21,005 shares of the company’s stock valued at $971,000 after purchasing an additional 292 shares during the last quarter. Finally, AssuredPartners Investment Advisors LLC grew its holdings in Fidelity Total Bond ETF by 1.8% during the third quarter. AssuredPartners Investment Advisors LLC now owns 17,722 shares of the company’s stock valued at $819,000 after purchasing an additional 311 shares during the period.

Fidelity Total Bond ETF Price Performance

Shares of NYSEARCA FBND opened at $46.32 on Wednesday. The business’s fifty day moving average price is $46.18 and its 200-day moving average price is $46.23. Fidelity Total Bond ETF has a one year low of $44.30 and a one year high of $46.86. The stock has a market capitalization of $24.23 billion, a PE ratio of 8.94 and a beta of 0.28.

Fidelity Total Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, February 2nd. Shareholders of record on Thursday, January 29th were paid a $0.146 dividend. This represents a c) dividend on an annualized basis and a yield of 3.8%. The ex-dividend date was Thursday, January 29th.

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.