Fidelity Total Bond ETF $FBND Stock Holdings Boosted by Scott Capital Advisors LLC

Scott Capital Advisors LLC lifted its position in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 11.5% in the fourth quarter, HoldingsChannel.com reports. The firm owned 341,417 shares of the company’s stock after purchasing an additional 35,176 shares during the period. Fidelity Total Bond ETF comprises 3.5% of Scott Capital Advisors LLC’s investment portfolio, making the stock its 9th largest position. Scott Capital Advisors LLC’s holdings in Fidelity Total Bond ETF were worth $15,719,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of FBND. Rialto Wealth Management LLC purchased a new position in Fidelity Total Bond ETF during the 4th quarter valued at about $32,000. Caldwell Trust Co bought a new position in Fidelity Total Bond ETF during the 2nd quarter valued at approximately $34,000. Clearstead Advisors LLC purchased a new stake in Fidelity Total Bond ETF in the 3rd quarter worth approximately $36,000. Maryland Capital Advisors Inc. lifted its holdings in Fidelity Total Bond ETF by 378.5% in 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. Finally, First Command Advisory Services Inc. bought a new stake in shares of Fidelity Total Bond ETF in the 3rd quarter worth approximately $47,000.

Fidelity Total Bond ETF Stock Performance

FBND opened at $45.56 on Wednesday. Fidelity Total Bond ETF has a 52-week low of $44.30 and a 52-week high of $46.86. The stock has a market capitalization of $23.83 billion, a PE ratio of 8.94 and a beta of 0.28. The stock’s 50 day moving average price is $46.18 and its 200-day moving average price is $46.31.

Fidelity Total Bond ETF Increases Dividend

The business 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 represents a c) annualized dividend and a yield of 4.2%. This is an increase from Fidelity Total Bond ETF’s previous monthly dividend of $0.15. The ex-dividend date 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.