Fidelity Investment Grade Bond ETF (NYSEARCA:FIGB) Trading Down 0.3%

Shares of Fidelity Investment Grade Bond ETF (NYSEARCA:FIGB) dropped 0.3% during trading on Tuesday . The company traded as low as $44.50 and last traded at $44.52. Approximately 31,077 shares changed hands during mid-day trading, an increase of 25% from the average daily volume of 24,886 shares. The stock had previously closed at $44.63.

Fidelity Investment Grade Bond ETF Trading Down 0.3 %

The company has a fifty day moving average price of $43.62 and a two-hundred day moving average price of $42.79.

Hedge Funds Weigh In On Fidelity Investment Grade Bond ETF

Hedge funds and other institutional investors have recently made changes to their positions in the business. 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 worth $1,295,000 after purchasing an additional 253 shares in the last quarter. Kovack Advisors Inc. acquired a new position in shares of Fidelity Investment Grade Bond ETF in the 1st quarter worth approximately $349,000. Commonwealth Equity Services LLC lifted its position in shares of Fidelity Investment Grade Bond ETF by 34.4% during the 1st quarter. Commonwealth Equity Services LLC now owns 16,628 shares of the company’s stock worth $711,000 after buying an additional 4,253 shares during the period. Wealth Enhancement Advisory Services LLC boosted its stake 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 valued at $732,000 after buying an additional 3,964 shares in the last quarter. Finally, OmniStar Financial Group Inc. grew 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 acquiring an additional 1,306 shares during the period.

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.