Fidelity Investment Grade Bond ETF (NYSEARCA:FIGB) Shares Up 0% – Should You Buy?

Fidelity Investment Grade Bond ETF (NYSEARCA:FIGB) was up 0% during mid-day trading on Monday . The stock traded as high as $43.53 and last traded at $43.44. Approximately 58,899 shares traded 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 firm’s 50-day simple moving average is $43.69 and its two-hundred day simple moving average is $43.32.

Institutional Investors Weigh In On Fidelity Investment Grade Bond ETF

Several large investors have recently made changes to their positions in FIGB. PNC Financial Services Group Inc. boosted its holdings in shares of Fidelity Investment Grade Bond ETF by 2.0% during the 2nd quarter. PNC Financial Services Group Inc. now owns 25,027 shares of the company’s stock worth $1,081,000 after buying an additional 479 shares during the period. Peterson Wealth Advisors LLC increased its holdings in Fidelity Investment Grade Bond ETF by 3.6% during the 3rd quarter. Peterson Wealth Advisors LLC now owns 14,523 shares of the company’s stock worth $633,000 after purchasing an additional 504 shares in the last quarter. Latitude Advisors LLC grew its holdings in shares of Fidelity Investment Grade Bond ETF by 7.5% in the third quarter. Latitude Advisors LLC now owns 8,658 shares of the company’s stock valued at $377,000 after acquiring an additional 603 shares in the last quarter. Foronjy Financial LLC increased its holdings in Fidelity Investment Grade Bond ETF by 13.4% in the 3rd quarter. Foronjy Financial LLC now owns 6,333 shares of the company’s stock worth $275,000 after acquiring an additional 750 shares during the last quarter. Finally, Bank of Montreal Can lifted its position in shares of Fidelity Investment Grade Bond ETF by 210.9% during the second quarter. Bank of Montreal Can now owns 1,110 shares of the company’s stock worth $48,000 after acquiring an additional 753 shares in the last quarter.

Fidelity Investment Grade Bond ETF Company 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.