First Heartland Consultants Inc. Acquires New Shares in Fidelity Total Bond ETF $FBND

First Heartland Consultants Inc. acquired a new position in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) during the third quarter, Holdings Channel.com reports. The fund acquired 253,697 shares of the company’s stock, valued at approximately $11,731,000. Fidelity Total Bond ETF accounts for approximately 0.9% of First Heartland Consultants Inc.’s holdings, making the stock its 26th largest holding.

Other large investors have also added to or reduced their stakes in the company. Bright Financial Advisors Inc. lifted its holdings in shares of Fidelity Total Bond ETF by 4.1% in the third quarter. Bright Financial Advisors Inc. now owns 31,578 shares of the company’s stock worth $1,460,000 after buying an additional 1,240 shares in the last quarter. Compound Planning Inc. grew its stake in Fidelity Total Bond ETF by 19.4% during the third quarter. Compound Planning Inc. now owns 30,262 shares of the company’s stock valued at $1,399,000 after acquiring an additional 4,924 shares in the last quarter. Insight Advisors LLC PA grew its stake in Fidelity Total Bond ETF by 2.9% during the third quarter. Insight Advisors LLC PA now owns 17,626 shares of the company’s stock valued at $815,000 after acquiring an additional 500 shares in the last quarter. EverSource Wealth Advisors LLC increased its holdings in Fidelity Total Bond ETF by 7.7% during the 3rd quarter. EverSource Wealth Advisors LLC now owns 11,260 shares of the company’s stock worth $521,000 after acquiring an additional 809 shares during the period. Finally, Clearstead Advisors LLC bought a new stake in Fidelity Total Bond ETF during the 3rd quarter worth approximately $36,000.

Fidelity Total Bond ETF Price Performance

Shares of NYSEARCA:FBND opened at $46.63 on Tuesday. The firm has a fifty day moving average price of $46.23 and a two-hundred day moving average price of $46.28. Fidelity Total Bond ETF has a one year low of $44.30 and a one year high of $46.86. The company has a market cap of $24.39 billion, a price-to-earnings ratio of 8.94 and a beta of 0.28.

Fidelity Total Bond ETF Cuts Dividend

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

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.