Fidelity Investment Grade Bond ETF (NYSEARCA:FIGB) Trading Down 0.1%

Fidelity Investment Grade Bond ETF (NYSEARCA:FIGBGet Free Report)’s share price was down 0.1% on Tuesday . The company traded as low as $42.22 and last traded at $42.36. Approximately 69,224 shares were traded during mid-day trading, an increase of 310% from the average daily volume of 16,877 shares. The stock had previously closed at $42.39.

Fidelity Investment Grade Bond ETF Stock Down 0.1 %

The stock’s 50 day moving average is $42.74 and its two-hundred day moving average is $42.22.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of FIGB. UBS Group AG lifted its stake in Fidelity Investment Grade Bond ETF by 94.3% in the 2nd quarter. UBS Group AG now owns 579 shares of the company’s stock worth $26,000 after purchasing an additional 281 shares in the last quarter. DHJJ Financial Advisors Ltd. purchased a new position in Fidelity Investment Grade Bond ETF in the 3rd quarter worth approximately $28,000. Harbour Investments Inc. purchased a new position in Fidelity Investment Grade Bond ETF in the 1st quarter worth approximately $54,000. Royal Bank of Canada lifted its stake in Fidelity Investment Grade Bond ETF by 887.4% in the 1st quarter. Royal Bank of Canada now owns 3,604 shares of the company’s stock worth $169,000 after purchasing an additional 3,239 shares in the last quarter. Finally, Cambridge Investment Research Advisors Inc. purchased a new position in Fidelity Investment Grade Bond ETF in the 3rd quarter worth approximately $239,000.

Fidelity Investment Grade Bond ETF Company Profile

(Get Free Report)

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

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