Fidelity Investment Grade Bond ETF $FIGB Shares Acquired by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. increased its holdings in Fidelity Investment Grade Bond ETF (NYSEARCA:FIGB) by 1,534,246.7% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 460,304 shares of the company’s stock after buying an additional 460,274 shares during the period. Northwestern Mutual Wealth Management Co. owned approximately 0.06% of Fidelity Investment Grade Bond ETF worth $19,991,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of FIGB. Jane Street Group LLC boosted its holdings in shares of Fidelity Investment Grade Bond ETF by 121.1% in the 1st quarter. Jane Street Group LLC now owns 33,656 shares of the company’s stock valued at $1,447,000 after buying an additional 18,436 shares during the period. JPMorgan Chase & Co. boosted its holdings in shares of Fidelity Investment Grade Bond ETF by 334.5% in the 2nd quarter. JPMorgan Chase & Co. now owns 23,097 shares of the company’s stock valued at $998,000 after buying an additional 17,781 shares during the period. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of Fidelity Investment Grade Bond ETF by 8.3% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 113,321 shares of the company’s stock valued at $4,938,000 after buying an additional 8,711 shares during the period. Arkadios Wealth Advisors acquired a new position in shares of Fidelity Investment Grade Bond ETF in the 3rd quarter valued at about $207,000. Finally, Latitude Advisors LLC boosted its holdings in shares of Fidelity Investment Grade Bond ETF by 7.5% in the 3rd quarter. Latitude Advisors LLC now owns 8,658 shares of the company’s stock valued at $377,000 after buying an additional 603 shares during the period.

Fidelity Investment Grade Bond ETF Stock Down 0.5%

NYSEARCA FIGB opened at $42.36 on Wednesday. Fidelity Investment Grade Bond ETF has a one year low of $42.14 and a one year high of $44.20. The company has a 50-day simple moving average of $43.10 and a 200-day simple moving average of $43.41.

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.