Fidelity Total Bond ETF $FBND Shares Acquired by Atria Investments Inc

Atria Investments Inc increased its position in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 11.8% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 209,712 shares of the company’s stock after buying an additional 22,093 shares during the period. Atria Investments Inc’s holdings in Fidelity Total Bond ETF were worth $9,697,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in FBND. Caldwell Trust Co purchased a new stake in shares of Fidelity Total Bond ETF during the second quarter worth about $34,000. Maryland Capital Advisors Inc. grew its stake in Fidelity Total Bond ETF by 378.5% during 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 in the last quarter. First Command Advisory Services Inc. purchased a new stake in Fidelity Total Bond ETF during the 3rd quarter worth approximately $47,000. Darwin Wealth Management LLC acquired a new position in shares of Fidelity Total Bond ETF in the 2nd quarter valued at approximately $49,000. Finally, Cornerstone Planning Group LLC acquired a new position in shares of Fidelity Total Bond ETF in the 3rd quarter valued at approximately $50,000.

Fidelity Total Bond ETF Trading Up 0.4%

FBND stock opened at $46.44 on Friday. Fidelity Total Bond ETF has a twelve month low of $44.30 and a twelve month high of $46.86. The company has a market capitalization of $24.29 billion, a P/E ratio of 8.94 and a beta of 0.28. The firm has a 50 day simple moving average of $46.18 and a 200-day simple moving average of $46.23.

Fidelity Total Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, February 2nd. Shareholders of record on Thursday, January 29th were issued a dividend of $0.146 per share. This represents a c) annualized dividend and a yield of 3.8%. The ex-dividend date of this dividend was Thursday, January 29th.

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.