Fidelity Total Bond ETF $FBND is Stone House Investment Management LLC’s 6th Largest Position

Stone House Investment Management LLC lifted its stake in Fidelity Total Bond ETF (NYSEARCA:FBND) by 227.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 801,076 shares of the company’s stock after buying an additional 556,508 shares during the period. Fidelity Total Bond ETF makes up 5.7% of Stone House Investment Management LLC’s portfolio, making the stock its 6th biggest position. Stone House Investment Management LLC owned 0.16% of Fidelity Total Bond ETF worth $36,882,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently modified their holdings of the stock. BIP Wealth LLC boosted its position in shares of Fidelity Total Bond ETF by 314.9% in the fourth quarter. BIP Wealth LLC now owns 27,095 shares of the company’s stock worth $1,247,000 after buying an additional 20,565 shares during the period. Towercrest Capital Management boosted its position in shares of Fidelity Total Bond ETF by 19.0% in the fourth quarter. Towercrest Capital Management now owns 12,636 shares of the company’s stock worth $582,000 after buying an additional 2,020 shares during the period. Snider Financial Group purchased a new stake in shares of Fidelity Total Bond ETF in the fourth quarter worth about $255,000. Mayfair Advisory Group LLC boosted its position in shares of Fidelity Total Bond ETF by 6.8% in the fourth quarter. Mayfair Advisory Group LLC now owns 188,434 shares of the company’s stock worth $8,675,000 after buying an additional 12,012 shares during the period. Finally, Hunter Associates Investment Management LLC boosted its position in shares of Fidelity Total Bond ETF by 22.0% in the fourth quarter. Hunter Associates Investment Management LLC now owns 565,279 shares of the company’s stock worth $26,034,000 after buying an additional 102,027 shares during the period.

Fidelity Total Bond ETF Price Performance

Shares of NYSEARCA FBND opened at $45.86 on Thursday. Fidelity Total Bond ETF has a 1-year low of $44.30 and a 1-year high of $46.86. The business has a 50-day moving average of $46.07 and a 200-day moving average of $46.25. The company has a market capitalization of $25.21 billion, a price-to-earnings ratio of 8.94 and a beta of 0.29.

Fidelity Total Bond ETF Increases Dividend

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

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.