CMH Wealth Management LLC Purchases New Stake in Fidelity Total Bond ETF (FBND)

CMH Wealth Management LLC purchased a new position in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) during the 1st quarter, according to its most recent 13F filing with the SEC. The firm purchased 328,520 shares of the company’s stock, valued at approximately $16,413,000. Fidelity Total Bond ETF comprises approximately 9.9% of CMH Wealth Management LLC’s portfolio, making the stock its biggest holding.

A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. Huntington National Bank bought a new stake in shares of Fidelity Total Bond ETF in the 1st quarter worth approximately $2,066,000. Pinnacle Bank bought a new stake in shares of Fidelity Total Bond ETF during the fourth quarter valued at approximately $100,000. Lake Point Wealth Management bought a new stake in shares of Fidelity Total Bond ETF during the fourth quarter valued at approximately $1,644,000. Advisory Services Network LLC boosted its position in shares of Fidelity Total Bond ETF by 49.0% during the fourth quarter. Advisory Services Network LLC now owns 38,761 shares of the company’s stock valued at $1,881,000 after purchasing an additional 12,744 shares in the last quarter. Finally, Colony Group LLC boosted its position in shares of Fidelity Total Bond ETF by 63.0% during the fourth quarter. Colony Group LLC now owns 65,593 shares of the company’s stock valued at $3,183,000 after purchasing an additional 25,362 shares in the last quarter.

Shares of NYSEARCA FBND traded up $0.01 during mid-day trading on Monday, hitting $49.90. 200 shares of the stock traded hands, compared to its average volume of 83,471. Fidelity Total Bond ETF has a 52 week low of $47.89 and a 52 week high of $50.09.



The company also recently declared a monthly dividend, which was paid on Monday, April 1st. Investors of record on Thursday, March 28th were given a dividend of $0.128 per share. The ex-dividend date was Wednesday, March 27th. This is a positive change from Fidelity Total Bond ETF’s previous monthly dividend of $0.13. This represents a $1.54 annualized dividend and a dividend yield of 3.08%.

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Institutional Ownership by Quarter for Fidelity Total Bond ETF (NYSEARCA:FBND)

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