LVZ Advisors Inc. Has $19.90 Million Stake in Fidelity Total Bond ETF (FBND)

LVZ Advisors Inc. trimmed its holdings in Fidelity Total Bond ETF (NYSEARCA:FBND) by 35.8% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 412,669 shares of the company’s stock after selling 230,096 shares during the quarter. Fidelity Total Bond ETF accounts for 5.1% of LVZ Advisors Inc.’s portfolio, making the stock its 9th largest holding. LVZ Advisors Inc.’s holdings in Fidelity Total Bond ETF were worth $19,903,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the company. 3EDGE Asset Management LP lifted its position in Fidelity Total Bond ETF by 10.0% in the second quarter. 3EDGE Asset Management LP now owns 510,700 shares of the company’s stock worth $24,957,000 after purchasing an additional 46,500 shares during the period. Epstein & White Financial LLC lifted its position in Fidelity Total Bond ETF by 68.6% in the second quarter. Epstein & White Financial LLC now owns 265,650 shares of the company’s stock worth $12,966,000 after purchasing an additional 108,090 shares during the period. Raymond James Financial Services Advisors Inc. lifted its position in Fidelity Total Bond ETF by 0.6% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 190,692 shares of the company’s stock worth $9,319,000 after purchasing an additional 1,159 shares during the period. WealthTrust Arizona LLC lifted its position in Fidelity Total Bond ETF by 6.0% in the third quarter. WealthTrust Arizona LLC now owns 179,136 shares of the company’s stock worth $8,708,000 after purchasing an additional 10,199 shares during the period. Finally, Summit X LLC lifted its position in Fidelity Total Bond ETF by 18.2% in the second quarter. Summit X LLC now owns 71,721 shares of the company’s stock worth $3,522,000 after purchasing an additional 11,061 shares during the period.

FBND stock traded down $0.08 during midday trading on Friday, hitting $48.09. The stock had a trading volume of 2,041 shares, compared to its average volume of 48,801. Fidelity Total Bond ETF has a 52 week low of $48.10 and a 52 week high of $50.50.

The company also recently announced a monthly dividend, which was paid on Monday, October 1st. Investors of record on Thursday, September 27th were given a $0.113 dividend. The ex-dividend date of this dividend was Wednesday, September 26th. This represents a $1.36 annualized dividend and a yield of 2.82%.

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Institutional Ownership by Quarter for Fidelity Total Bond ETF (NYSEARCA:FBND)

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