Fidelity Investment Grade Bond ETF (NYSEARCA:FIGB – Get Free Report)’s share price hit a new 52-week low during trading on Tuesday. The company traded as low as $40.91 and last traded at $40.95, with a volume of 92747 shares traded. The stock had previously closed at $41.27.
Fidelity Investment Grade Bond ETF Stock Performance
The stock has a 50 day simple moving average of $42.01 and a two-hundred day simple moving average of $42.60.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently modified their holdings of the company. Clarity Retirement & Wealth LLC acquired a new position in Fidelity Investment Grade Bond ETF in the fourth quarter valued at approximately $8,351,000. Heartland Bank & Trust Co purchased a new position in Fidelity Investment Grade Bond ETF in the second quarter worth approximately $48,585,000. Anson Capital Inc. increased its stake in Fidelity Investment Grade Bond ETF by 6.8% during the second quarter. Anson Capital Inc. now owns 219,198 shares of the company’s stock worth $9,388,000 after acquiring an additional 13,988 shares during the last quarter. Cetera Investment Advisers increased its stake in Fidelity Investment Grade Bond ETF by 2.2% during the first quarter. Cetera Investment Advisers now owns 56,753 shares of the company’s stock worth $2,443,000 after acquiring an additional 1,224 shares during the last quarter. Finally, Royal Bank of Canada raised its position in Fidelity Investment Grade Bond ETF by 543.8% in the first quarter. Royal Bank of Canada now owns 7,642 shares of the company’s stock valued at $329,000 after purchasing an additional 6,455 shares during the period.
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.
Further Reading
- Five stocks we like better than Fidelity Investment Grade Bond ETF
- Deutsche Bank Makes a Contrarian Call on Netflix—What Does It Mean for Investors?
- O’Reilly Automotive’s Stock Slump Hides a Stronger Business
- McDonald’s Stock Slump Makes Its AI Pricing Bet Even Riskier
- Broadcom’s AI Growth Story Faces a $161 Billion Anthropic Test
Receive News & Ratings for Fidelity Investment Grade Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fidelity Investment Grade Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.
