Mather Group LLC. Has $191.60 Million Stock Holdings in Fidelity Total Bond ETF $FBND

Mather Group LLC. raised its holdings in Fidelity Total Bond ETF (NYSEARCA:FBND) by 4.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 4,161,603 shares of the company’s stock after buying an additional 161,814 shares during the period. Fidelity Total Bond ETF comprises about 2.0% of Mather Group LLC.’s holdings, making the stock its 15th largest position. Mather Group LLC. owned approximately 0.81% of Fidelity Total Bond ETF worth $191,600,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the business. LongView Wealth Management increased its position in shares of Fidelity Total Bond ETF by 21.4% during the fourth quarter. LongView Wealth Management now owns 250,934 shares of the company’s stock worth $11,576,000 after acquiring an additional 44,268 shares in the last quarter. CMH Wealth Management LLC raised its holdings in shares of Fidelity Total Bond ETF by 4.1% in the 4th quarter. CMH Wealth Management LLC now owns 153,339 shares of the company’s stock worth $7,100,000 after acquiring an additional 6,085 shares during the last quarter. 21 West Wealth Management LLC lifted its position in Fidelity Total Bond ETF by 3.0% in the 4th quarter. 21 West Wealth Management LLC now owns 74,578 shares of the company’s stock valued at $3,434,000 after acquiring an additional 2,143 shares in the last quarter. CPA Asset Management Group LLC boosted its stake in Fidelity Total Bond ETF by 8.5% during the 4th quarter. CPA Asset Management Group LLC now owns 680,180 shares of the company’s stock valued at $31,315,000 after purchasing an additional 53,374 shares during the last quarter. Finally, Triangle Securities Wealth Management boosted its stake in Fidelity Total Bond ETF by 4.4% during the 4th quarter. Triangle Securities Wealth Management now owns 95,390 shares of the company’s stock valued at $4,392,000 after purchasing an additional 4,038 shares during the last quarter.

Fidelity Total Bond ETF Stock Performance

Shares of FBND opened at $45.48 on Friday. The firm has a market capitalization of $23.79 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 has a 50 day moving average price of $46.16 and a two-hundred day moving average price of $46.30.

Fidelity Total Bond ETF Increases Dividend

The business also recently announced 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) annualized dividend and a dividend yield of 4.2%.

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.