TD Waterhouse Canada Inc. Grows Position in Fidelity Total Bond ETF $FBND

TD Waterhouse Canada Inc. boosted its stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 7.3% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 164,215 shares of the company’s stock after purchasing an additional 11,137 shares during the period. TD Waterhouse Canada Inc.’s holdings in Fidelity Total Bond ETF were worth $7,620,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in FBND. Crumly & Associates Inc. grew its stake in shares of Fidelity Total Bond ETF by 3.8% during the 3rd quarter. Crumly & Associates Inc. now owns 131,549 shares of the company’s stock valued at $6,083,000 after buying an additional 4,793 shares during the period. Arbor Capital Management Inc. ADV boosted its holdings in Fidelity Total Bond ETF by 15.4% in the third quarter. Arbor Capital Management Inc. ADV now owns 15,022 shares of the company’s stock valued at $697,000 after acquiring an additional 2,008 shares during the last quarter. Valeo Financial Advisors LLC grew its position in Fidelity Total Bond ETF by 11.6% during the third quarter. Valeo Financial Advisors LLC now owns 1,673,493 shares of the company’s stock valued at $71,347,000 after acquiring an additional 174,314 shares during the period. Truist Financial Corp increased its stake in Fidelity Total Bond ETF by 6.2% during the third quarter. Truist Financial Corp now owns 214,110 shares of the company’s stock worth $9,900,000 after acquiring an additional 12,529 shares during the last quarter. Finally, Investment Advisory Group LLC increased its stake in Fidelity Total Bond ETF by 1.5% during the third quarter. Investment Advisory Group LLC now owns 70,882 shares of the company’s stock worth $3,278,000 after acquiring an additional 1,036 shares during the last quarter.

Fidelity Total Bond ETF Price Performance

NYSEARCA FBND opened at $46.06 on Friday. The firm has a market capitalization of $23.92 billion, a P/E ratio of 8.94 and a beta of 0.28. Fidelity Total Bond ETF has a 1-year low of $44.30 and a 1-year high of $46.86. The business’s 50-day simple moving average is $46.24 and its 200-day simple moving average is $46.19.

Fidelity Total Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which will be paid on Monday, February 2nd. Shareholders of record on Thursday, January 29th will be given a dividend of $0.146 per share. This represents a c) dividend on an annualized basis and a yield of 3.8%. The ex-dividend date of this dividend is 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.