Fidelity Total Bond ETF $FBND Shares Sold by Strategic Blueprint LLC

Strategic Blueprint LLC trimmed its holdings in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 77.8% in the fourth quarter, Holdings Channel reports. The firm owned 12,013 shares of the company’s stock after selling 42,008 shares during the period. Strategic Blueprint LLC’s holdings in Fidelity Total Bond ETF were worth $553,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. EnRich Financial Partners LLC boosted its holdings in Fidelity Total Bond ETF by 4.0% in the third quarter. EnRich Financial Partners LLC now owns 475,238 shares of the company’s stock worth $21,975,000 after purchasing an additional 18,362 shares during the period. Sunburst Financial Group LLC boosted its holdings in Fidelity Total Bond ETF by 2.6% in the fourth quarter. Sunburst Financial Group LLC now owns 1,110,436 shares of the company’s stock worth $51,124,000 after purchasing an additional 28,089 shares during the period. Financial Management Network Inc. boosted its holdings in Fidelity Total Bond ETF by 20.3% in the fourth quarter. Financial Management Network Inc. now owns 123,217 shares of the company’s stock worth $5,673,000 after purchasing an additional 20,803 shares during the period. Drake & Associates LLC boosted its holdings in Fidelity Total Bond ETF by 14.3% in the third quarter. Drake & Associates LLC now owns 837,627 shares of the company’s stock worth $38,698,000 after purchasing an additional 104,664 shares during the period. Finally, Aspiriant LLC boosted its holdings in Fidelity Total Bond ETF by 14.3% in the third quarter. Aspiriant LLC now owns 547,715 shares of the company’s stock worth $25,326,000 after purchasing an additional 68,351 shares during the period.

Fidelity Total Bond ETF Price Performance

Fidelity Total Bond ETF stock opened at $45.56 on Friday. The company has a market cap of $25.39 billion, a PE ratio of 8.94 and a beta of 0.30. The company has a fifty day moving average price of $45.95 and a two-hundred day moving average price of $46.20. Fidelity Total Bond ETF has a 12 month low of $44.73 and a 12 month high of $46.86.

Fidelity Total Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, March 2nd. Shareholders of record on Thursday, February 26th were issued a $0.161 dividend. This is a boost 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 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.