GGM Financials LLC Takes Position in Fidelity Investment Grade Bond ETF $FIGB

GGM Financials LLC acquired a new stake in shares of Fidelity Investment Grade Bond ETF (NYSEARCA:FIGB) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 13,218 shares of the company’s stock, valued at approximately $571,000. GGM Financials LLC owned about 0.26% of Fidelity Investment Grade Bond ETF as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also made changes to their positions in the company. IFP Advisors Inc acquired a new position in shares of Fidelity Investment Grade Bond ETF during the 1st quarter valued at about $143,000. Sound Income Strategies LLC bought a new stake in Fidelity Investment Grade Bond ETF during the 2nd quarter valued at approximately $92,000. Avantax Advisory Services Inc. boosted its stake in Fidelity Investment Grade Bond ETF by 1.0% during the 1st quarter. Avantax Advisory Services Inc. now owns 32,791 shares of the company’s stock valued at $1,410,000 after purchasing an additional 335 shares during the period. Flow Traders U.S. LLC bought a new stake in Fidelity Investment Grade Bond ETF during the 1st quarter valued at approximately $1,541,000. Finally, Bill Few Associates Inc. boosted its stake in Fidelity Investment Grade Bond ETF by 7.3% during the 2nd quarter. Bill Few Associates Inc. now owns 28,817 shares of the company’s stock valued at $1,245,000 after purchasing an additional 1,973 shares during the period.

Fidelity Investment Grade Bond ETF Stock Performance

Shares of NYSEARCA:FIGB opened at $44.06 on Tuesday. The business has a 50 day moving average price of $43.59 and a 200 day moving average price of $43.04. Fidelity Investment Grade Bond ETF has a twelve month low of $41.59 and a twelve month high of $44.18.

Fidelity Investment Grade Bond ETF Profile

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.