Aptus Capital Advisors LLC Has $54.78 Million Position in Fidelity Total Bond ETF $FBND

Aptus Capital Advisors LLC raised its position in Fidelity Total Bond ETF (NYSEARCA:FBND) by 5.0% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,184,713 shares of the company’s stock after purchasing an additional 56,513 shares during the period. Aptus Capital Advisors LLC’s holdings in Fidelity Total Bond ETF were worth $54,781,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in FBND. Assetmark Inc. raised its stake in Fidelity Total Bond ETF by 37.6% during the 2nd quarter. Assetmark Inc. now owns 23,970 shares of the company’s stock worth $1,097,000 after buying an additional 6,545 shares during the period. Bank of Montreal Can increased its holdings in shares of Fidelity Total Bond ETF by 18.4% in the second quarter. Bank of Montreal Can now owns 15,762 shares of the company’s stock worth $721,000 after acquiring an additional 2,455 shares in the last quarter. Bank of New York Mellon Corp increased its holdings in shares of Fidelity Total Bond ETF by 21.4% in the second quarter. Bank of New York Mellon Corp now owns 349,715 shares of the company’s stock worth $15,999,000 after acquiring an additional 61,741 shares in the last quarter. Stone House Investment Management LLC acquired a new stake in shares of Fidelity Total Bond ETF during the second quarter worth about $10,887,000. Finally, Commonwealth Equity Services LLC lifted its holdings in shares of Fidelity Total Bond ETF by 8.6% during the 2nd quarter. Commonwealth Equity Services LLC now owns 3,620,174 shares of the company’s stock valued at $165,623,000 after purchasing an additional 287,824 shares in the last quarter.

Fidelity Total Bond ETF Stock Performance

Shares of FBND opened at $46.22 on Friday. The stock has a 50 day simple moving average of $46.25 and a 200 day simple moving average of $46.31. Fidelity Total Bond ETF has a 52-week low of $44.30 and a 52-week high of $46.86. The firm has a market capitalization of $24.17 billion, a PE ratio of 8.94 and a beta of 0.28.

Fidelity Total Bond ETF Increases Dividend

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