Fidelity Total Bond ETF $FBND Stake Lifted by DecisionMap Wealth Management LLC

DecisionMap Wealth Management LLC boosted its stake in Fidelity Total Bond ETF (NYSEARCA:FBND) by 38.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 67,320 shares of the company’s stock after buying an additional 18,813 shares during the period. Fidelity Total Bond ETF accounts for approximately 1.9% of DecisionMap Wealth Management LLC’s investment portfolio, making the stock its 15th largest holding. DecisionMap Wealth Management LLC’s holdings in Fidelity Total Bond ETF were worth $3,099,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in FBND. Sagespring Wealth Partners LLC boosted its holdings in shares of Fidelity Total Bond ETF by 3.2% during the fourth quarter. Sagespring Wealth Partners LLC now owns 10,181,189 shares of the company’s stock valued at $468,742,000 after acquiring an additional 311,221 shares during the period. KFA Private Wealth Group LLC increased its holdings in shares of Fidelity Total Bond ETF by 20.2% in the 4th quarter. KFA Private Wealth Group LLC now owns 412,826 shares of the company’s stock worth $19,006,000 after acquiring an additional 69,255 shares during the period. TrueWealth Advisors LLC increased its holdings in shares of Fidelity Total Bond ETF by 156.4% in the 4th quarter. TrueWealth Advisors LLC now owns 448,723 shares of the company’s stock worth $20,659,000 after acquiring an additional 273,741 shares during the period. TruWealth Advisors LLC lifted its position in Fidelity Total Bond ETF by 4.6% in the 4th quarter. TruWealth Advisors LLC now owns 2,808,295 shares of the company’s stock valued at $129,294,000 after purchasing an additional 122,932 shares during the last quarter. Finally, WealthCare Investment Partners LLC boosted its stake in Fidelity Total Bond ETF by 0.9% during the 4th quarter. WealthCare Investment Partners LLC now owns 164,777 shares of the company’s stock valued at $7,586,000 after purchasing an additional 1,525 shares during the period.

Fidelity Total Bond ETF Trading Down 0.8%

NYSEARCA FBND opened at $45.51 on Friday. Fidelity Total Bond ETF has a 52 week low of $44.30 and a 52 week high of $46.86. The stock has a market cap of $23.80 billion, a price-to-earnings ratio of 8.94 and a beta of 0.28. The company has a 50-day moving average price of $46.20 and a two-hundred day moving average price of $46.31.

Fidelity Total Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, March 2nd. Stockholders of record on Thursday, February 26th were given a dividend of $0.161 per share. This is a boost 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.

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.