Fidelity Investment Grade Bond ETF (NYSEARCA:FIGB) Trading 0% Higher – Here’s What Happened

Fidelity Investment Grade Bond ETF (NYSEARCA:FIGB) shares rose 0% on Monday . The stock traded as high as $43.53 and last traded at $43.44. Approximately 58,899 shares changed hands during trading, an increase of 35% from the average daily volume of 43,585 shares. The stock had previously closed at $43.42.

Fidelity Investment Grade Bond ETF Price Performance

The business has a 50-day simple moving average of $43.70 and a two-hundred day simple moving average of $43.31.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Bank of Montreal Can raised its holdings in shares of Fidelity Investment Grade Bond ETF by 210.9% in the 2nd quarter. Bank of Montreal Can now owns 1,110 shares of the company’s stock worth $48,000 after buying an additional 753 shares in the last quarter. Farther Finance Advisors LLC bought a new stake in shares of Fidelity Investment Grade Bond ETF in the 3rd quarter valued at about $50,000. Sound Income Strategies LLC acquired a new stake in shares of Fidelity Investment Grade Bond ETF during the second quarter worth about $92,000. Planning Directions Inc. bought a new position in Fidelity Investment Grade Bond ETF during the 3rd quarter worth about $204,000. Finally, Arkadios Wealth Advisors bought a new position in Fidelity Investment Grade Bond ETF in the third quarter valued at $207,000.

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.