McGlone Suttner Wealth Management Inc. Acquires 31,304 Shares of Fidelity Total Bond ETF $FBND

McGlone Suttner Wealth Management Inc. lifted its stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 3.2% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 1,017,336 shares of the company’s stock after buying an additional 31,304 shares during the quarter. Fidelity Total Bond ETF comprises approximately 6.3% of McGlone Suttner Wealth Management Inc.’s investment portfolio, making the stock its 5th largest holding. McGlone Suttner Wealth Management Inc. owned about 0.20% of Fidelity Total Bond ETF worth $46,838,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. VestGen Advisors LLC acquired a new stake in Fidelity Total Bond ETF in the second quarter worth $3,509,000. Smith Moore & CO. raised its holdings in shares of Fidelity Total Bond ETF by 5.9% during the second quarter. Smith Moore & CO. now owns 45,722 shares of the company’s stock valued at $2,092,000 after purchasing an additional 2,532 shares during the period. Holos Integrated Wealth LLC boosted its position in shares of Fidelity Total Bond ETF by 13.8% during the 2nd quarter. Holos Integrated Wealth LLC now owns 141,327 shares of the company’s stock worth $6,471,000 after purchasing an additional 17,148 shares in the last quarter. WCG Wealth Advisors LLC bought a new position in shares of Fidelity Total Bond ETF during the 2nd quarter worth about $1,094,000. Finally, EverSource Wealth Advisors LLC grew its stake in shares of Fidelity Total Bond ETF by 19.0% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 10,451 shares of the company’s stock valued at $478,000 after buying an additional 1,672 shares during the period.

Fidelity Total Bond ETF Price Performance

Shares of Fidelity Total Bond ETF stock opened at $45.48 on Tuesday. The business has a 50-day simple moving average of $46.13 and a 200 day simple moving average of $46.28. Fidelity Total Bond ETF has a one year low of $44.30 and a one year high of $46.86. The firm has a market capitalization of $23.79 billion, a price-to-earnings ratio of 8.94 and a beta of 0.28.

Fidelity Total Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, March 2nd. Stockholders of record on Thursday, February 26th were issued a dividend of $0.161 per share. This is a positive change from Fidelity Total Bond ETF’s previous monthly dividend of $0.15. This represents a c) annualized dividend and a dividend yield of 4.2%. The ex-dividend date was Thursday, February 26th.

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.