Fidelity Investment Grade Bond ETF (NYSEARCA:FIGB – Get Free Report) reached a new 52-week low on Wednesday . The company traded as low as $41.49 and last traded at $41.4550, with a volume of 10512 shares. The stock had previously closed at $41.75.
Fidelity Investment Grade Bond ETF Trading Down 1.0%
The firm’s 50-day moving average is $42.19 and its 200 day moving average is $42.70.
Institutional Trading of Fidelity Investment Grade Bond ETF
Several institutional investors have recently added to or reduced their stakes in FIGB. MidAtlantic Capital Management Inc. acquired a new stake in Fidelity Investment Grade Bond ETF during the 4th quarter valued at approximately $76,000. Elevation Wealth Management LLC lifted its position in shares of Fidelity Investment Grade Bond ETF by 4.9% in the 2nd quarter. Elevation Wealth Management LLC now owns 7,334 shares of the company’s stock worth $315,000 after purchasing an additional 345 shares during the period. Royal Bank of Canada boosted its stake in shares of Fidelity Investment Grade Bond ETF by 543.8% in the 1st 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 last quarter. Janney Montgomery Scott LLC bought a new stake in shares of Fidelity Investment Grade Bond ETF in the 1st quarter valued at $379,000. Finally, Arkadios Wealth Advisors increased its position in shares of Fidelity Investment Grade Bond ETF by 11.6% during the first quarter. Arkadios Wealth Advisors now owns 9,151 shares of the company’s stock worth $394,000 after buying an additional 954 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.
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