Fidelity Investment Grade Bond ETF (NYSEARCA:FIGB) Trading Up 0.8%

Fidelity Investment Grade Bond ETF (NYSEARCA:FIGB)’s share price was up 0.8% on Thursday . The stock traded as high as $43.49 and last traded at $43.48. Approximately 59,797 shares traded hands during mid-day trading, an increase of 163% from the average daily volume of 22,742 shares. The stock had previously closed at $43.12.

Fidelity Investment Grade Bond ETF Stock Up 1.0 %

The company has a 50 day moving average of $42.66 and a two-hundred day moving average of $42.53.

Hedge Funds Weigh In On Fidelity Investment Grade Bond ETF

Institutional investors and hedge funds have recently modified their holdings of the business. Commonwealth Equity Services LLC increased its stake in Fidelity Investment Grade Bond ETF by 13.5% during the 2nd quarter. Commonwealth Equity Services LLC now owns 18,872 shares of the company’s stock worth $801,000 after buying an additional 2,244 shares in the last quarter. OmniStar Financial Group Inc. raised its position in Fidelity Investment Grade Bond ETF by 6.1% in the second quarter. OmniStar Financial Group Inc. now owns 22,729 shares of the company’s stock valued at $965,000 after purchasing an additional 1,306 shares during the period. Harbour Investments Inc. raised its position in Fidelity Investment Grade Bond ETF by 0.8% in the second quarter. Harbour Investments Inc. now owns 30,508 shares of the company’s stock valued at $1,295,000 after purchasing an additional 253 shares during the period. Bill Few Associates Inc. raised its position in Fidelity Investment Grade Bond ETF by 102.9% in the second quarter. Bill Few Associates Inc. now owns 21,312 shares of the company’s stock valued at $904,000 after purchasing an additional 10,807 shares during the period. Finally, Kovack Advisors Inc. purchased a new stake in Fidelity Investment Grade Bond ETF in the first quarter valued at approximately $349,000.

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.