Fidelity Total Bond ETF $FBND Shares Bought by Graney & King LLC

Graney & King LLC increased its stake in Fidelity Total Bond ETF (NYSEARCA:FBND) by 349.1% in the 3rd quarter, HoldingsChannel reports. The fund owned 225,293 shares of the company’s stock after acquiring an additional 175,124 shares during the period. Fidelity Total Bond ETF accounts for approximately 7.2% of Graney & King LLC’s holdings, making the stock its 3rd largest holding. Graney & King LLC’s holdings in Fidelity Total Bond ETF were worth $10,418,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. RWA Wealth Partners LLC increased its position in shares of Fidelity Total Bond ETF by 2.6% during the third quarter. RWA Wealth Partners LLC now owns 9,628 shares of the company’s stock valued at $445,000 after acquiring an additional 241 shares during the last quarter. GWN Securities Inc. boosted its position in Fidelity Total Bond ETF by 1.3% in the third quarter. GWN Securities Inc. now owns 21,992 shares of the company’s stock worth $1,017,000 after purchasing an additional 277 shares during the last quarter. Insight Wealth Strategies LLC boosted its position 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 purchasing an additional 281 shares during the last quarter. Capital CS Group LLC grew its stake in Fidelity Total Bond ETF by 4.8% in the 3rd quarter. Capital CS Group LLC now owns 6,224 shares of the company’s stock valued at $288,000 after purchasing an additional 286 shares during the period. Finally, Barnes Dennig Private Wealth Management LLC grew its stake in Fidelity Total Bond ETF by 8.9% in the 3rd quarter. Barnes Dennig Private Wealth Management LLC now owns 3,508 shares of the company’s stock valued at $162,000 after purchasing an additional 288 shares during the period.

Fidelity Total Bond ETF Price Performance

Shares of Fidelity Total Bond ETF stock opened at $46.17 on Friday. The firm has a market cap of $24.15 billion, a PE 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 stock has a fifty day moving average price of $46.25 and a 200-day moving average price of $46.32.

Fidelity Total Bond ETF Increases Dividend

The business 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 was Thursday, February 26th. This is an increase from Fidelity Total Bond ETF’s previous monthly dividend of $0.15. This represents a c) annualized dividend and a yield of 4.2%.

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.