Linscomb Wealth Inc. Has $13.73 Million Stake in Fidelity Total Bond ETF $FBND

Linscomb Wealth Inc. lifted its stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 22.1% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 296,818 shares of the company’s stock after acquiring an additional 53,766 shares during the period. Linscomb Wealth Inc. owned 0.06% of Fidelity Total Bond ETF worth $13,725,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of the stock. GWN Securities Inc. grew its stake in shares of Fidelity Total Bond ETF by 1.3% in the 3rd quarter. GWN Securities Inc. now owns 21,992 shares of the company’s stock valued at $1,017,000 after buying an additional 277 shares during the period. Insight Wealth Strategies LLC boosted its holdings in Fidelity Total Bond ETF by 1.6% in the third quarter. Insight Wealth Strategies LLC now owns 17,535 shares of the company’s stock worth $811,000 after acquiring an additional 281 shares in the last quarter. Barnes Dennig Private Wealth Management LLC grew its stake in Fidelity Total Bond ETF by 8.9% in the third quarter. Barnes Dennig Private Wealth Management LLC now owns 3,508 shares of the company’s stock valued at $162,000 after acquiring an additional 288 shares during the period. Cedar Point Capital Partners LLC grew its stake in Fidelity Total Bond ETF by 1.4% in the third quarter. Cedar Point Capital Partners LLC now owns 21,005 shares of the company’s stock valued at $971,000 after acquiring an additional 292 shares during the period. Finally, AssuredPartners Investment Advisors LLC increased its holdings in shares of Fidelity Total Bond ETF by 1.8% during the third quarter. AssuredPartners Investment Advisors LLC now owns 17,722 shares of the company’s stock valued at $819,000 after acquiring an additional 311 shares in the last quarter.

Fidelity Total Bond ETF Stock Down 0.1%

Shares of NYSEARCA:FBND opened at $45.93 on Thursday. Fidelity Total Bond ETF has a twelve month low of $44.30 and a twelve month high of $46.86. The stock’s 50 day moving average is $46.20 and its 200-day moving average is $46.21. The firm has a market capitalization of $24.02 billion, a price-to-earnings ratio of 8.94 and a beta of 0.28.

Fidelity Total Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, February 2nd. Stockholders of record on Thursday, January 29th were issued 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.

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.