Fidelity Investment Grade Securitized ETF (NYSEARCA:FSEC) Sees Large Volume Increase – Time to Buy?

Fidelity Investment Grade Securitized ETF (NYSEARCA:FSEC) saw unusually-strong trading volume on Tuesday . Approximately 5,267,869 shares were traded during trading, an increase of 1,318% from the previous session’s volume of 371,432 shares.The stock last traded at $43.45 and had previously closed at $43.23.

Fidelity Investment Grade Securitized ETF Stock Up 0.2 %

The company’s fifty day moving average price is $42.96 and its 200-day moving average price is $43.18.

Fidelity Investment Grade Securitized ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Monday, March 3rd. Investors of record on Thursday, February 27th were issued a $0.126 dividend. The ex-dividend date was Thursday, February 27th.

Institutional Investors Weigh In On Fidelity Investment Grade Securitized ETF

Several large investors have recently modified their holdings of the business. Bank of America Corp DE purchased a new position in Fidelity Investment Grade Securitized ETF in the fourth quarter valued at about $45,000. Fisher Asset Management LLC bought a new stake in shares of Fidelity Investment Grade Securitized ETF in the 4th quarter valued at about $357,000. Renaissance Technologies LLC purchased a new position in shares of Fidelity Investment Grade Securitized ETF in the 4th quarter worth approximately $472,000. Citadel Advisors LLC raised its stake in shares of Fidelity Investment Grade Securitized ETF by 13.7% during the 4th quarter. Citadel Advisors LLC now owns 27,998 shares of the company’s stock worth $1,190,000 after acquiring an additional 3,371 shares in the last quarter. Finally, MML Investors Services LLC purchased a new stake in Fidelity Investment Grade Securitized ETF during the third quarter valued at approximately $1,312,000.

About Fidelity Investment Grade Securitized ETF

The Fidelity Investment Grade Securitized ETF (FSEC) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund of investment-grade securitized debt securities of any maturity across the broad market. FSEC was launched on Mar 2, 2021 and is managed by Fidelity.