HighTower Advisors LLC Buys 1,011,341 Shares of Fidelity Total Bond ETF (NYSEARCA:FBND)

Posted by Adam Dyson on Mar 13th, 2025

HighTower Advisors LLC increased its stake in Fidelity Total Bond ETF (NYSEARCA:FBND – Free Report) by 145.5% during the fourth quarter, Holdings Channel reports. The firm owned 1,706,590 shares of the company’s stock after acquiring an additional 1,011,341 shares during the period. HighTower Advisors LLC’s holdings in Fidelity Total Bond ETF were worth $76,575,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of FBND. Mark Sheptoff Financial Planning LLC bought a new position in shares of Fidelity Total Bond ETF in the third quarter worth $25,000. PNC Financial Services Group Inc. bought a new position in Fidelity Total Bond ETF in the fourth quarter valued at about $25,000. Lindbrook Capital LLC bought a new position in Fidelity Total Bond ETF in the fourth quarter valued at about $32,000. Darwin Wealth Management LLC bought a new position in Fidelity Total Bond ETF in the third quarter valued at about $54,000. Finally, Rothschild Investment LLC bought a new position in Fidelity Total Bond ETF in the fourth quarter valued at about $63,000.

Fidelity Total Bond ETF Stock Down 0.2 %

Fidelity Total Bond ETF stock opened at $45.48 on Thursday. Fidelity Total Bond ETF has a 12-month low of $44.01 and a 12-month high of $47.30. The business’s 50-day moving average price is $45.20 and its two-hundred day moving average price is $45.72. The stock has a market cap of $17.89 billion, a PE ratio of 9.09 and a beta of 0.26.

Fidelity Total Bond ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Monday, March 3rd. Shareholders of record on Thursday, February 27th were given a $0.163 dividend. The ex-dividend date of this dividend was Thursday, February 27th.

Fidelity Total Bond ETF Profile

(Free Report)

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.