Fidelity Investment Grade Bond ETF (NYSEARCA:FIGB) Shares Up 0.1% – Still a Buy?

Shares of Fidelity Investment Grade Bond ETF (NYSEARCA:FIGB) were up 0.1% on Friday . The company traded as high as $43.02 and last traded at $42.99. Approximately 62,463 shares were traded during mid-day trading, an increase of 132% from the average daily volume of 26,871 shares. The stock had previously closed at $42.95.

Fidelity Investment Grade Bond ETF Trading Up 0.1 %

The company has a 50-day moving average of $43.71 and a 200-day moving average of $43.07.

Institutional Trading of Fidelity Investment Grade Bond ETF

Several institutional investors and hedge funds have recently made changes to their positions in FIGB. OmniStar Financial Group Inc. boosted its stake in shares of Fidelity Investment Grade Bond ETF by 152.6% in the 3rd quarter. OmniStar Financial Group Inc. now owns 57,421 shares of the company’s stock worth $2,534,000 after buying an additional 34,692 shares during the last quarter. Bill Few Associates Inc. increased its position in shares of Fidelity Investment Grade Bond ETF by 1.8% during the third quarter. Bill Few Associates Inc. now owns 21,705 shares of the company’s stock valued at $956,000 after acquiring an additional 393 shares during the last quarter. Commonwealth Equity Services LLC lifted its holdings in Fidelity Investment Grade Bond ETF by 13.5% during the second quarter. Commonwealth Equity Services LLC now owns 18,872 shares of the company’s stock worth $801,000 after acquiring an additional 2,244 shares during the period. Finally, Harbour Investments Inc. boosted 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 worth $1,295,000 after purchasing an additional 253 shares during the last quarter.

About Fidelity Investment Grade Bond ETF

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.