Farther Finance Advisors LLC Has $8.71 Million Stock Position in Fidelity Total Bond ETF (NYSEARCA:FBND)

Farther Finance Advisors LLC boosted its stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 3,817.3% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 194,183 shares of the company’s stock after purchasing an additional 189,226 shares during the period. Farther Finance Advisors LLC owned 0.10% of Fidelity Total Bond ETF worth $8,713,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of FBND. Wealthcare Capital Management LLC raised its stake in shares of Fidelity Total Bond ETF by 3.0% during the 4th quarter. Wealthcare Capital Management LLC now owns 7,935 shares of the company’s stock worth $356,000 after purchasing an additional 231 shares in the last quarter. Dupree Financial Group LLC increased its stake in shares of Fidelity Total Bond ETF by 1.6% during the 4th quarter. Dupree Financial Group LLC now owns 15,086 shares of the company’s stock worth $677,000 after purchasing an additional 238 shares during the last quarter. Waterfront Wealth Inc. raised its holdings in shares of Fidelity Total Bond ETF by 0.9% in the 4th quarter. Waterfront Wealth Inc. now owns 27,898 shares of the company’s stock valued at $1,252,000 after purchasing an additional 242 shares during the period. Tritonpoint Wealth LLC raised its holdings in shares of Fidelity Total Bond ETF by 1.7% in the 4th quarter. Tritonpoint Wealth LLC now owns 18,718 shares of the company’s stock valued at $844,000 after purchasing an additional 311 shares during the period. Finally, Galvin Gaustad & Stein LLC lifted its stake in Fidelity Total Bond ETF by 0.8% in the 4th quarter. Galvin Gaustad & Stein LLC now owns 48,479 shares of the company’s stock valued at $2,175,000 after purchasing an additional 386 shares during the last quarter.

Fidelity Total Bond ETF Trading Down 0.4 %

FBND opened at $45.59 on Wednesday. The stock has a market cap of $17.93 billion, a PE ratio of 9.09 and a beta of 0.26. The stock’s fifty day simple moving average is $45.18 and its 200 day simple moving average is $45.72. Fidelity Total Bond ETF has a 1-year low of $44.01 and a 1-year high of $47.30.

Fidelity Total Bond ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Monday, March 3rd. Shareholders of record on Thursday, February 27th were paid a dividend of $0.163 per share. The ex-dividend date of this dividend was Thursday, February 27th.

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.