Cetera Advisors LLC Boosts Stock Holdings in Fidelity Total Bond ETF (NYSEARCA:FBND)

Cetera Advisors LLC grew its position in Fidelity Total Bond ETF (NYSEARCA:FBND) by 20.5% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 241,509 shares of the company’s stock after purchasing an additional 41,040 shares during the period. Cetera Advisors LLC owned about 0.25% of Fidelity Total Bond ETF worth $10,969,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in FBND. Bank of America Corp DE boosted its position in Fidelity Total Bond ETF by 316.7% in the first quarter. Bank of America Corp DE now owns 3,081,245 shares of the company’s stock worth $141,737,000 after purchasing an additional 2,341,860 shares during the last quarter. Raymond James Financial Services Advisors Inc. boosted its holdings in shares of Fidelity Total Bond ETF by 166.2% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 1,482,324 shares of the company’s stock worth $67,327,000 after buying an additional 925,547 shares during the last quarter. Envestnet Asset Management Inc. grew its position in Fidelity Total Bond ETF by 39.7% during the second quarter. Envestnet Asset Management Inc. now owns 1,946,985 shares of the company’s stock valued at $88,432,000 after buying an additional 553,723 shares during the period. Drake & Associates LLC purchased a new stake in Fidelity Total Bond ETF during the second quarter worth about $20,578,000. Finally, UBS Group AG raised its position in Fidelity Total Bond ETF by 36.1% in the first quarter. UBS Group AG now owns 1,565,649 shares of the company’s stock worth $72,020,000 after acquiring an additional 415,435 shares during the period.

Fidelity Total Bond ETF Stock Up 0.5 %

FBND opened at $44.01 on Thursday. The company’s 50-day moving average price is $43.52 and its two-hundred day moving average price is $44.64. Fidelity Total Bond ETF has a twelve month low of $42.45 and a twelve month high of $46.96. The stock has a market cap of $4.22 billion, a price-to-earnings ratio of 12.64 and a beta of 0.17.

Fidelity Total Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, November 1st. Investors of record on Monday, October 30th were paid a $0.177 dividend. This is an increase from Fidelity Total Bond ETF’s previous dividend of $0.15. The ex-dividend date was Friday, October 27th.

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.