Mather Group LLC. Boosts Stock Holdings in Fidelity Total Bond ETF $FBND

Mather Group LLC. lifted its position in Fidelity Total Bond ETF (NYSEARCA:FBND) by 4.0% in the 4th quarter, HoldingsChannel.com reports. The fund owned 4,161,603 shares of the company’s stock after acquiring an additional 161,814 shares during the quarter. Fidelity Total Bond ETF comprises approximately 2.0% of Mather Group LLC.’s portfolio, making the stock its 15th largest holding. Mather Group LLC.’s holdings in Fidelity Total Bond ETF were worth $191,600,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Rialto Wealth Management LLC bought a new position in shares of Fidelity Total Bond ETF during the fourth quarter valued at about $32,000. 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 stake in Fidelity Total Bond ETF in the 3rd quarter worth about $36,000. Maryland Capital Advisors Inc. increased its stake in Fidelity Total Bond ETF by 378.5% in the 3rd quarter. Maryland Capital Advisors Inc. now owns 823 shares of the company’s stock valued at $38,000 after buying an additional 651 shares during the last quarter. Finally, First Command Advisory Services Inc. purchased a new stake in Fidelity Total Bond ETF in the 3rd quarter valued at about $47,000.

Fidelity Total Bond ETF Stock Down 0.6%

Fidelity Total Bond ETF stock opened at $45.48 on Friday. Fidelity Total Bond ETF has a 52 week low of $44.30 and a 52 week high of $46.86. The company’s 50 day moving average price is $46.16 and its two-hundred day moving average price is $46.30. The stock has a market cap of $23.79 billion, a P/E ratio of 8.94 and a beta of 0.28.

Fidelity Total Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, March 2nd. Investors of record on Thursday, February 26th were given a dividend of $0.161 per share. The ex-dividend date of this dividend was Thursday, February 26th. This is a positive change from Fidelity Total Bond ETF’s previous monthly dividend of $0.15. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%.

Fidelity Total Bond ETF 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.