Fidelity Total Bond ETF $FBND Shares Acquired by Kickstand Ventures LLC.

Kickstand Ventures LLC. increased its stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 4.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 352,995 shares of the company’s stock after buying an additional 13,837 shares during the quarter. Fidelity Total Bond ETF accounts for 3.6% of Kickstand Ventures LLC.’s investment portfolio, making the stock its 5th largest holding. Kickstand Ventures LLC. owned 0.07% of Fidelity Total Bond ETF worth $16,322,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. increased its stake in Fidelity Total Bond ETF by 6.1% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 86,126,703 shares of the company’s stock valued at $3,940,297,000 after buying an additional 4,963,926 shares during the last quarter. Gallagher Fiduciary Advisors LLC increased its holdings in Fidelity Total Bond ETF by 4,220.9% during the second quarter. Gallagher Fiduciary Advisors LLC now owns 2,017,693 shares of the company’s stock worth $92,309,000 after buying an additional 1,970,997 shares during the last quarter. Thrivent Financial for Lutherans boosted its stake in Fidelity Total Bond ETF by 37.6% in the third quarter. Thrivent Financial for Lutherans now owns 2,989,730 shares of the company’s stock valued at $138,245,000 after acquiring an additional 816,419 shares during the last quarter. Dynasty Wealth Management LLC increased its stake in shares of Fidelity Total Bond ETF by 13.4% during the 3rd quarter. Dynasty Wealth Management LLC now owns 6,656,599 shares of the company’s stock worth $307,801,000 after purchasing an additional 786,693 shares during the last quarter. Finally, Modern Wealth Management LLC lifted its stake in Fidelity Total Bond ETF by 54.3% in the third quarter. Modern Wealth Management LLC now owns 2,170,408 shares of the company’s stock valued at $100,360,000 after purchasing an additional 764,134 shares during the last quarter.

Fidelity Total Bond ETF Stock Performance

Shares of Fidelity Total Bond ETF stock opened at $45.75 on Monday. The stock has a market capitalization of $23.93 billion, a P/E ratio of 8.94 and a beta of 0.28. Fidelity Total Bond ETF has a 52-week low of $44.30 and a 52-week high of $46.86. The stock’s 50-day simple moving average is $46.23 and its 200 day simple moving average is $46.32.

Fidelity Total Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Monday, March 2nd. Stockholders of record on Thursday, February 26th were issued a $0.161 dividend. The ex-dividend date of this dividend 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 dividend 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.