Fidelity Investment Grade Bond ETF (NYSEARCA:FIGB) Shares Up 0.1%

Shares of Fidelity Investment Grade Bond ETF (NYSEARCA:FIGB) shot up 0.1% during trading on Tuesday . The stock traded as high as $42.90 and last traded at $42.78. 24,606 shares changed hands during mid-day trading, an increase of 32% from the average session volume of 18,708 shares. The stock had previously closed at $42.72.

Fidelity Investment Grade Bond ETF Stock Performance

The business’s 50 day simple moving average is $42.23 and its 200 day simple moving average is $42.62.

Institutional Trading of Fidelity Investment Grade Bond ETF

Several large investors have recently added to or reduced their stakes in the company. International Assets Investment Management LLC bought a new stake in Fidelity Investment Grade Bond ETF during the 4th quarter worth about $1,736,000. Kovack Advisors Inc. acquired a new position in shares of Fidelity Investment Grade Bond ETF during the first quarter worth approximately $349,000. TCG Advisory Services LLC bought a new stake in shares of Fidelity Investment Grade Bond ETF during the fourth quarter valued at approximately $332,000. Commonwealth Equity Services LLC increased its holdings in shares of Fidelity Investment Grade Bond ETF by 34.4% in the first quarter. Commonwealth Equity Services LLC now owns 16,628 shares of the company’s stock valued at $711,000 after purchasing an additional 4,253 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC raised its position in Fidelity Investment Grade Bond ETF by 30.1% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 17,137 shares of the company’s stock worth $732,000 after purchasing an additional 3,964 shares during the last quarter.

Fidelity Investment Grade Bond ETF Company Profile

The Fidelity Investment Grade Bond ETF (FIGB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that primarily invests in investment grade debt securities of any maturity, globally. FIGB was launched on Mar 2, 2021 and is managed by Fidelity.