Smartleaf Asset Management LLC Buys Shares of 90,772 Fidelity Total Bond ETF $FBND

Smartleaf Asset Management LLC bought a new position in Fidelity Total Bond ETF (NYSEARCA:FBND) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 90,772 shares of the company’s stock, valued at approximately $4,199,000.

A number of other hedge funds and other institutional investors have also modified their holdings of FBND. Caldwell Trust Co acquired a new position in Fidelity Total Bond ETF during the second quarter worth $34,000. Maryland Capital Advisors Inc. raised its stake in shares of Fidelity Total Bond ETF by 378.5% in the 3rd quarter. Maryland Capital Advisors Inc. now owns 823 shares of the company’s stock valued at $38,000 after acquiring an additional 651 shares in the last quarter. First Command Advisory Services Inc. bought a new position in shares of Fidelity Total Bond ETF in the 3rd quarter valued at approximately $47,000. Darwin Wealth Management LLC acquired a new stake in Fidelity Total Bond ETF in the 2nd quarter worth approximately $49,000. Finally, Cornerstone Planning Group LLC bought a new stake in Fidelity Total Bond ETF during the third quarter worth approximately $50,000.

Fidelity Total Bond ETF Stock Up 0.0%

Shares of FBND stock opened at $46.15 on Friday. Fidelity Total Bond ETF has a 12 month low of $44.30 and a 12 month high of $46.86. The company has a market cap of $24.14 billion, a PE ratio of 8.94 and a beta of 0.28. The business’s 50 day moving average is $46.18 and its two-hundred day moving average is $46.22.

Fidelity Total Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Monday, February 2nd. Investors of record on Thursday, January 29th were issued a $0.146 dividend. This represents a c) annualized dividend and a yield of 3.8%. The ex-dividend date was Thursday, January 29th.

Fidelity Total Bond ETF 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.