Fidelity Investment Grade Bond ETF (NYSEARCA:FIGB – Get Free Report)’s stock price reached a new 52-week low during trading on Wednesday. The stock traded as low as $41.49 and last traded at $41.4550, with a volume of 10512 shares trading hands. The stock had previously closed at $41.75.
Fidelity Investment Grade Bond ETF Stock Down 0.4%
The business has a 50 day moving average price of $42.14 and a two-hundred day moving average price of $42.67.
Institutional Inflows and Outflows
A number of institutional investors have recently bought and sold shares of the business. MidAtlantic Capital Management Inc. purchased a new position in shares of Fidelity Investment Grade Bond ETF in the 4th quarter worth about $76,000. Elevation Wealth Management LLC raised its position in Fidelity Investment Grade Bond ETF by 4.9% in the second quarter. Elevation Wealth Management LLC now owns 7,334 shares of the company’s stock worth $315,000 after acquiring an additional 345 shares during the period. Royal Bank of Canada boosted its stake 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 acquiring an additional 6,455 shares during the last quarter. Janney Montgomery Scott LLC bought a new position in shares of Fidelity Investment Grade Bond ETF during the 1st quarter valued at approximately $379,000. Finally, Arkadios Wealth Advisors increased its stake in shares of Fidelity Investment Grade Bond ETF by 11.6% during the 1st quarter. Arkadios Wealth Advisors now owns 9,151 shares of the company’s stock worth $394,000 after purchasing an additional 954 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.
Further Reading
- Five stocks we like better than Fidelity Investment Grade Bond ETF
- Hims & Hers Slides Nearly 7% as Legal Pressure Adds to Its Growing List of Risks
- Paychex Plunges, Providing the Entry Investors Have Been Waiting For
- The Case for Buying High-Yield General Mills Just Strengthened
- SanDisk’s $1,800 Breakout Turns Memory Hardware Into a Profit Story
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.
