Fidelity Total Bond ETF $FBND is Coyle Financial Counsel LLC’s 3rd Largest Position

Coyle Financial Counsel LLC grew its stake in Fidelity Total Bond ETF (NYSEARCA:FBND) by 21.8% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 735,709 shares of the company’s stock after purchasing an additional 131,713 shares during the period. Fidelity Total Bond ETF makes up approximately 7.8% of Coyle Financial Counsel LLC’s portfolio, making the stock its 3rd biggest holding. Coyle Financial Counsel LLC’s holdings in Fidelity Total Bond ETF were worth $34,019,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of FBND. GWN Securities Inc. increased its stake in shares of Fidelity Total Bond ETF by 1.3% during the third quarter. GWN Securities Inc. now owns 21,992 shares of the company’s stock worth $1,017,000 after acquiring an additional 277 shares during the period. Insight Wealth Strategies LLC boosted its position in shares of Fidelity Total Bond ETF by 1.6% during the 3rd quarter. Insight Wealth Strategies LLC now owns 17,535 shares of the company’s stock worth $811,000 after purchasing an additional 281 shares in the last quarter. Capital CS Group LLC increased its holdings in shares of Fidelity Total Bond ETF by 4.8% in the 3rd quarter. Capital CS Group LLC now owns 6,224 shares of the company’s stock valued at $288,000 after purchasing an additional 286 shares in the last quarter. Barnes Dennig Private Wealth Management LLC boosted its holdings in Fidelity Total Bond ETF by 8.9% during the third quarter. Barnes Dennig Private Wealth Management LLC now owns 3,508 shares of the company’s stock worth $162,000 after buying an additional 288 shares in the last quarter. Finally, Cedar Point Capital Partners LLC grew its position in Fidelity Total Bond ETF by 1.4% during the third quarter. Cedar Point Capital Partners LLC now owns 21,005 shares of the company’s stock worth $971,000 after buying an additional 292 shares during the period.

Fidelity Total Bond ETF Trading Down 0.0%

FBND stock opened at $46.53 on Friday. The firm has a 50 day moving average of $46.22 and a 200-day moving average of $46.27. The company has a market cap of $24.34 billion, a price-to-earnings ratio of 8.94 and a beta of 0.28. Fidelity Total Bond ETF has a 12-month low of $44.30 and a 12-month high of $46.86.

Fidelity Total Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Monday, February 2nd. Shareholders of record on Thursday, January 29th were issued a $0.146 dividend. The ex-dividend date of this dividend was Thursday, January 29th. This represents a c) annualized dividend and a yield of 3.8%.

About Fidelity Total Bond ETF

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.