Smartleaf Asset Management LLC Buys New Position in Fidelity Total Bond ETF $FBND

Smartleaf Asset Management LLC bought a new stake in Fidelity Total Bond ETF (NYSEARCA:FBNDFree Report) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 90,772 shares of the company’s stock, valued at approximately $4,199,000.

A number of other large investors also recently modified their holdings of FBND. Caldwell Trust Co acquired a new stake in shares of Fidelity Total Bond ETF in the second quarter worth $34,000. Maryland Capital Advisors Inc. raised 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 during the last quarter. First Command Advisory Services Inc. bought a new stake in Fidelity Total Bond ETF in the 3rd quarter valued at $47,000. Darwin Wealth Management LLC acquired a new stake in Fidelity Total Bond ETF in the 2nd quarter worth $49,000. Finally, Cornerstone Planning Group LLC bought a new position in shares of Fidelity Total Bond ETF during the 3rd quarter worth about $50,000.

Fidelity Total Bond ETF Stock Performance

Shares of FBND opened at $46.15 on Friday. The company has a 50-day simple moving average of $46.18 and a 200-day simple moving average of $46.22. Fidelity Total Bond ETF has a 52 week low of $44.30 and a 52 week high of $46.86. The firm has a market capitalization of $24.14 billion, a P/E ratio of 8.94 and a beta of 0.28.

Fidelity Total Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Monday, February 2nd. Shareholders of record on Thursday, January 29th were issued a $0.146 dividend. 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 Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Fidelity Total Bond ETF (NYSEARCA:FBND)

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