Wealthcare Advisory Partners LLC Has $69.26 Million Stock Position in Fidelity Total Bond ETF $FBND

Wealthcare Advisory Partners LLC lifted its holdings in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 4.5% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,504,259 shares of the company’s stock after buying an additional 65,148 shares during the period. Fidelity Total Bond ETF comprises about 1.4% of Wealthcare Advisory Partners LLC’s portfolio, making the stock its 12th biggest holding. Wealthcare Advisory Partners LLC owned about 0.29% of Fidelity Total Bond ETF worth $69,256,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the business. Rialto Wealth Management LLC bought a new position in Fidelity Total Bond ETF in the fourth quarter valued at about $32,000. Caldwell Trust Co bought a new position in shares of Fidelity Total Bond ETF in the second quarter worth about $34,000. Clearstead Advisors LLC bought a new position in shares of Fidelity Total Bond ETF in the third quarter worth about $36,000. Maryland Capital Advisors Inc. boosted its stake in shares of Fidelity Total Bond ETF by 378.5% in 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. Finally, First Command Advisory Services Inc. acquired a new stake in shares of Fidelity Total Bond ETF in the 3rd quarter valued at approximately $47,000.

Fidelity Total Bond ETF Trading Down 0.1%

Shares of Fidelity Total Bond ETF stock opened at $45.43 on Friday. The firm’s 50 day moving average is $46.14 and its 200 day moving average is $46.29. The firm has a market capitalization of $23.76 billion, a PE ratio of 8.94 and a beta of 0.28. Fidelity Total Bond ETF has a 1 year low of $44.30 and a 1 year high of $46.86.

Fidelity Total Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Monday, March 2nd. Shareholders of record on Thursday, February 26th were given a $0.161 dividend. This is an increase from Fidelity Total Bond ETF’s previous monthly dividend of $0.15. This represents a c) dividend on an annualized basis and a yield of 4.3%. The ex-dividend date was Thursday, February 26th.

Fidelity Total Bond ETF 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.