Fidelity Investment Grade Bond ETF (NYSEARCA:FIGB) Shares Sold by Kovack Advisors Inc.

Kovack Advisors Inc. lowered its position in shares of Fidelity Investment Grade Bond ETF (NYSEARCA:FIGB) by 3.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 9,226 shares of the company’s stock after selling 366 shares during the quarter. Kovack Advisors Inc. owned approximately 0.60% of Fidelity Investment Grade Bond ETF worth $391,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. FMR LLC boosted its holdings in shares of Fidelity Investment Grade Bond ETF by 1,246.5% during the third quarter. FMR LLC now owns 956 shares of the company’s stock worth $42,000 after purchasing an additional 885 shares during the last quarter. MidAtlantic Capital Management Inc. acquired a new stake in Fidelity Investment Grade Bond ETF in the 4th quarter worth about $74,000. Flow Traders U.S. LLC grew its holdings in Fidelity Investment Grade Bond ETF by 29.8% in the 3rd quarter. Flow Traders U.S. LLC now owns 10,478 shares of the company’s stock valued at $462,000 after buying an additional 2,407 shares during the period. Bill Few Associates Inc. increased its stake in shares of Fidelity Investment Grade Bond ETF by 18.9% during the 4th quarter. Bill Few Associates Inc. now owns 25,807 shares of the company’s stock valued at $1,093,000 after acquiring an additional 4,102 shares during the last quarter. Finally, Peterson Wealth Advisors LLC lifted its holdings in shares of Fidelity Investment Grade Bond ETF by 210.1% during the 4th quarter. Peterson Wealth Advisors LLC now owns 15,570 shares of the company’s stock worth $658,000 after acquiring an additional 10,549 shares during the period.

Fidelity Investment Grade Bond ETF Stock Up 0.9 %

Shares of FIGB stock opened at $43.26 on Friday. Fidelity Investment Grade Bond ETF has a one year low of $41.19 and a one year high of $45.17. The company has a 50 day moving average price of $42.38 and a 200 day moving average price of $43.08.

Fidelity Investment Grade Bond ETF Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Monday, March 3rd. Stockholders of record on Thursday, February 27th will be issued a dividend of $0.131 per share. The ex-dividend date is Thursday, February 27th.

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.