Axis Wealth Partners LLC Makes New $4.59 Million Investment in Fidelity Total Bond ETF (NYSEARCA:FBND)

Posted by Patrick Bannon on Mar 9th, 2025

Axis Wealth Partners LLC purchased a new stake in Fidelity Total Bond ETF (NYSEARCA:FBND – Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 102,379 shares of the company’s stock, valued at approximately $4,594,000. Fidelity Total Bond ETF comprises about 3.9% of Axis Wealth Partners LLC’s investment portfolio, making the stock its 2nd biggest position. Axis Wealth Partners LLC owned about 0.05% of Fidelity Total Bond ETF at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Mark Sheptoff Financial Planning LLC acquired a new stake in shares of Fidelity Total Bond ETF in the 3rd quarter valued at $25,000. PNC Financial Services Group Inc. acquired a new position in Fidelity Total Bond ETF in the 4th quarter valued at about $25,000. Lindbrook Capital LLC acquired a new stake in shares of Fidelity Total Bond ETF during the fourth quarter worth $32,000. Darwin Wealth Management LLC purchased a new position in Fidelity Total Bond ETF during the 3rd quarter worth $54,000. Finally, Rothschild Investment LLC purchased a new position in Fidelity Total Bond ETF during the 4th quarter worth $63,000.

Fidelity Total Bond ETF Stock Down 0.1 %

Shares of NYSEARCA:FBND opened at $45.56 on Friday. The firm’s 50-day simple moving average is $45.15 and its 200-day simple moving average is $45.74. Fidelity Total Bond ETF has a fifty-two week low of $44.01 and a fifty-two week high of $47.30. The company has a market cap of $17.92 billion, a price-to-earnings ratio of 9.09 and a beta of 0.26.

Fidelity Total Bond ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Monday, March 3rd. Stockholders of record on Thursday, February 27th were paid a dividend of $0.163 per share. The ex-dividend date of this dividend was Thursday, February 27th.

About Fidelity Total Bond ETF

(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.