Juno Financial Group LLC Purchases Shares of 405,448 Fidelity Total Bond ETF $FBND

Juno Financial Group LLC purchased a new stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) in the 4th quarter, Holdings Channel reports. The fund purchased 405,448 shares of the company’s stock, valued at approximately $18,667,000. Fidelity Total Bond ETF accounts for about 7.5% of Juno Financial Group LLC’s holdings, making the stock its 3rd largest holding.

Other hedge funds have also added to or reduced their stakes in the company. Rialto Wealth Management LLC acquired a new stake in Fidelity Total Bond ETF during the 4th quarter valued at $32,000. Clearstead Advisors LLC bought a new position in Fidelity Total Bond ETF during the 3rd quarter worth $36,000. Maryland Capital Advisors Inc. increased its position in Fidelity Total Bond ETF by 378.5% during the 3rd quarter. Maryland Capital Advisors Inc. now owns 823 shares of the company’s stock worth $38,000 after buying an additional 651 shares during the period. First Command Advisory Services Inc. bought a new position in Fidelity Total Bond ETF during the 3rd quarter worth $47,000. Finally, Key Capital Management INC bought a new position in Fidelity Total Bond ETF during the 4th quarter worth $49,000.

Fidelity Total Bond ETF Price Performance

FBND stock opened at $45.95 on Thursday. The stock has a market capitalization of $25.55 billion, a price-to-earnings ratio of 8.94 and a beta of 0.30. The business’s fifty day moving average price is $46.04 and its two-hundred day moving average price is $46.22. Fidelity Total Bond ETF has a fifty-two week low of $44.73 and a fifty-two week high of $46.86.

Fidelity Total Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, March 2nd. Shareholders of record on Thursday, February 26th were given a dividend of $0.161 per share. This represents a c) annualized dividend and a yield of 4.2%. The ex-dividend date was Thursday, February 26th. This is a positive change from Fidelity Total Bond ETF’s previous monthly dividend of $0.15.

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.