Perigon Wealth Management LLC Purchases 21,733 Shares of Fidelity Total Bond ETF $FBND

Perigon Wealth Management LLC raised its position in Fidelity Total Bond ETF (NYSEARCA:FBND) by 4.7% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 489,024 shares of the company’s stock after acquiring an additional 21,733 shares during the quarter. Perigon Wealth Management LLC owned approximately 0.10% of Fidelity Total Bond ETF worth $22,515,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of FBND. Rialto Wealth Management LLC bought a new stake in shares of Fidelity Total Bond ETF during the 4th quarter valued at about $32,000. Caldwell Trust Co bought a new position in shares of Fidelity Total Bond ETF in the 2nd quarter worth approximately $34,000. Clearstead Advisors LLC bought a new position in shares of Fidelity Total Bond ETF in the 3rd quarter worth approximately $36,000. Maryland Capital Advisors Inc. boosted its holdings in shares of Fidelity Total Bond ETF by 378.5% in the third quarter. Maryland Capital Advisors Inc. now owns 823 shares of the company’s stock worth $38,000 after buying an additional 651 shares during the last quarter. Finally, First Command Advisory Services Inc. purchased a new position in shares of Fidelity Total Bond ETF in the third quarter worth approximately $47,000.

Fidelity Total Bond ETF Trading Up 0.2%

Shares of NYSEARCA FBND opened at $45.71 on Friday. The firm has a 50 day moving average of $46.11 and a 200 day moving average of $46.27. The firm has a market capitalization of $23.91 billion, a price-to-earnings ratio of 8.94 and a beta of 0.28. Fidelity Total Bond ETF has a 12-month low of $44.30 and a 12-month high of $46.86.

Fidelity Total Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, March 2nd. Stockholders of record on Thursday, February 26th were paid a dividend of $0.161 per share. The ex-dividend date was Thursday, February 26th. This represents a c) annualized dividend and a dividend yield of 4.2%. This is a boost from Fidelity Total Bond ETF’s previous monthly dividend of $0.15.

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.