Essential Planning LLC. Acquires 34,329 Shares of Fidelity Total Bond ETF $FBND

Essential Planning LLC. grew its holdings in Fidelity Total Bond ETF (NYSEARCA:FBND) by 59.9% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 91,614 shares of the company’s stock after purchasing an additional 34,329 shares during the quarter. Fidelity Total Bond ETF makes up 1.3% of Essential Planning LLC.’s portfolio, making the stock its 18th biggest position. Essential Planning LLC.’s holdings in Fidelity Total Bond ETF were worth $4,218,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the business. Holos Integrated Wealth LLC raised its stake in Fidelity Total Bond ETF by 13.8% in the second quarter. Holos Integrated Wealth LLC now owns 141,327 shares of the company’s stock worth $6,471,000 after buying an additional 17,148 shares in the last quarter. WCG Wealth Advisors LLC purchased a new position in shares of Fidelity Total Bond ETF in the 2nd quarter valued at $1,094,000. EverSource Wealth Advisors LLC increased its holdings 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 acquiring an additional 1,672 shares during the period. Milestone Investment Advisors LLC raised its position in shares of Fidelity Total Bond ETF by 1.3% in the 2nd quarter. Milestone Investment Advisors LLC now owns 242,369 shares of the company’s stock worth $11,088,000 after acquiring an additional 3,067 shares in the last quarter. Finally, Strategic Family Wealth Counselors L.L.C. raised its position in shares of Fidelity Total Bond ETF by 88.1% in the 2nd quarter. Strategic Family Wealth Counselors L.L.C. now owns 16,322 shares of the company’s stock worth $747,000 after acquiring an additional 7,645 shares in the last quarter.

Fidelity Total Bond ETF Price Performance

Shares of NYSEARCA FBND opened at $45.62 on Wednesday. Fidelity Total Bond ETF has a 1-year low of $44.30 and a 1-year high of $46.86. The business has a fifty day moving average price of $46.12 and a 200 day moving average price of $46.28. The stock has a market capitalization of $23.86 billion, a P/E ratio of 8.94 and a beta of 0.28.

Fidelity Total Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Monday, March 2nd. Shareholders of record on Thursday, February 26th were issued a $0.161 dividend. This is a boost 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 4.2%. The ex-dividend date was Thursday, February 26th.

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.