Lokken Investment Group LLC Purchases 18,754 Shares of Fidelity Total Bond ETF (NYSEARCA:FBND)

Posted by Hanz Christensen on Apr 1st, 2025

Lokken Investment Group LLC grew its position in Fidelity Total Bond ETF (NYSEARCA:FBND – Free Report) by 14.9% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 144,471 shares of the company’s stock after buying an additional 18,754 shares during the period. Fidelity Total Bond ETF makes up 2.8% of Lokken Investment Group LLC’s portfolio, making the stock its 8th largest position. Lokken Investment Group LLC owned approximately 0.07% of Fidelity Total Bond ETF worth $6,482,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. PNC Financial Services Group Inc. bought a new position in Fidelity Total Bond ETF in the fourth quarter valued at approximately $25,000. Lindbrook Capital LLC bought a new stake in Fidelity Total Bond ETF in the 4th quarter valued at $32,000. Tucker Asset Management LLC acquired a new position in Fidelity Total Bond ETF in the 4th quarter worth $36,000. Brown Brothers Harriman & Co. bought a new position in Fidelity Total Bond ETF during the 4th quarter worth about $59,000. Finally, Rothschild Investment LLC acquired a new stake in shares of Fidelity Total Bond ETF in the 4th quarter valued at about $63,000.

Fidelity Total Bond ETF Price Performance

FBND stock opened at $45.65 on Tuesday. The business has a 50-day moving average of $45.42 and a 200-day moving average of $45.61. Fidelity Total Bond ETF has a fifty-two week low of $44.01 and a fifty-two week high of $47.30. The stock has a market capitalization of $18.23 billion, a P/E ratio of 9.03 and a beta of 0.26.

Fidelity Total Bond ETF Cuts Dividend

The firm also recently declared a dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Friday, March 28th will be paid a dividend of $0.163 per share. The ex-dividend date is Friday, March 28th.

Fidelity Total Bond ETF Company 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.