Fidelity Total Bond ETF $FBND Holdings Raised by Lebenthal Global Advisors LLC

Lebenthal Global Advisors LLC increased its position in Fidelity Total Bond ETF (NYSEARCA:FBND) by 79.6% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 331,193 shares of the company’s stock after acquiring an additional 146,781 shares during the period. Fidelity Total Bond ETF makes up about 2.7% of Lebenthal Global Advisors LLC’s investment portfolio, making the stock its 8th biggest position. Lebenthal Global Advisors LLC’s holdings in Fidelity Total Bond ETF were worth $15,314,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. grew its holdings in Fidelity Total Bond ETF by 6.1% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 86,126,703 shares of the company’s stock valued at $3,940,297,000 after purchasing an additional 4,963,926 shares during the last quarter. Bank of America Corp DE boosted its position in shares of Fidelity Total Bond ETF by 5.4% in the 2nd quarter. Bank of America Corp DE now owns 12,270,942 shares of the company’s stock worth $561,396,000 after buying an additional 629,015 shares in the last quarter. Sagespring Wealth Partners LLC boosted its position in shares of Fidelity Total Bond ETF by 1.4% in the 3rd quarter. Sagespring Wealth Partners LLC now owns 9,869,968 shares of the company’s stock worth $456,387,000 after buying an additional 136,223 shares in the last quarter. Dynasty Wealth Management LLC grew its stake in Fidelity Total Bond ETF by 13.4% in the 3rd quarter. Dynasty Wealth Management LLC now owns 6,656,599 shares of the company’s stock valued at $307,801,000 after acquiring an additional 786,693 shares during the last quarter. Finally, Country Trust Bank increased its holdings in Fidelity Total Bond ETF by 1.4% during the 3rd quarter. Country Trust Bank now owns 6,272,214 shares of the company’s stock valued at $290,027,000 after acquiring an additional 86,070 shares in the last quarter.

Fidelity Total Bond ETF Trading Down 0.1%

Shares of FBND opened at $46.02 on Friday. Fidelity Total Bond ETF has a 12-month low of $44.30 and a 12-month high of $46.86. The stock has a market cap of $23.90 billion, a P/E ratio of 8.94 and a beta of 0.28. The company has a 50-day moving average of $46.23 and a two-hundred day moving average of $46.20.

Fidelity Total Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which will be paid on Monday, February 2nd. Investors of record on Thursday, January 29th will be given a dividend of $0.146 per share. This represents a c) annualized dividend and a dividend yield of 3.8%. The ex-dividend date is 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.