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

First Heartland Consultants Inc. acquired a new stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm acquired 253,697 shares of the company’s stock, valued at approximately $11,731,000. Fidelity Total Bond ETF makes up 0.9% of First Heartland Consultants Inc.’s portfolio, making the stock its 26th largest position. First Heartland Consultants Inc. owned about 0.05% of Fidelity Total Bond ETF as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the company. Caldwell Trust Co purchased a new position in Fidelity Total Bond ETF during the second quarter worth about $34,000. Clearstead Advisors LLC bought a new position in shares of Fidelity Total Bond ETF during the 3rd quarter worth approximately $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 worth $38,000 after buying an additional 651 shares during the last quarter. First Command Advisory Services Inc. purchased a new position in shares of Fidelity Total Bond ETF in the 3rd quarter worth approximately $47,000. Finally, Fifth Third Bancorp boosted its stake in shares of Fidelity Total Bond ETF by 78.0% in the 3rd quarter. Fifth Third Bancorp now owns 1,068 shares of the company’s stock worth $49,000 after buying an additional 468 shares during the last quarter.

Fidelity Total Bond ETF Stock Up 0.2%

FBND stock opened at $46.63 on Tuesday. The firm has a market cap of $24.39 billion, a PE ratio of 8.94 and a beta of 0.28. The business has a 50 day moving average of $46.23 and a 200-day moving average of $46.28. Fidelity Total Bond ETF has a 12-month low of $44.30 and a 12-month high of $46.86.

Fidelity Total Bond ETF Cuts Dividend

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

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.