Fidelity Investment Grade Bond ETF (NYSEARCA:FIGB) Share Price Crosses Above Fifty Day Moving Average – What’s Next?

Fidelity Investment Grade Bond ETF (NYSEARCA:FIGB) passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $43.36 and traded as high as $43.50. Fidelity Investment Grade Bond ETF shares last traded at $43.00, with a volume of 38,415 shares traded.

Fidelity Investment Grade Bond ETF Stock Down 0.0 %

The business’s 50-day moving average price is $43.36 and its 200-day moving average price is $43.16.

Institutional Trading of Fidelity Investment Grade Bond ETF

A number of hedge funds have recently made changes to their positions in the stock. Harbour Investments Inc. lifted its position in shares of Fidelity Investment Grade Bond ETF by 0.8% in the second quarter. Harbour Investments Inc. now owns 30,508 shares of the company’s stock worth $1,295,000 after purchasing an additional 253 shares in the last quarter. Bill Few Associates Inc. raised its position in Fidelity Investment Grade Bond ETF by 1.8% during the third quarter. Bill Few Associates Inc. now owns 21,705 shares of the company’s stock valued at $956,000 after acquiring an additional 393 shares in the last quarter. FMR LLC raised its position in Fidelity Investment Grade Bond ETF by 1,246.5% during the third quarter. FMR LLC now owns 956 shares of the company’s stock valued at $42,000 after acquiring an additional 885 shares in the last quarter. OmniStar Financial Group Inc. raised its position in Fidelity Investment Grade Bond ETF by 6.1% during the second quarter. OmniStar Financial Group Inc. now owns 22,729 shares of the company’s stock valued at $965,000 after acquiring an additional 1,306 shares in the last quarter. Finally, Commonwealth Equity Services LLC raised its position in Fidelity Investment Grade Bond ETF by 13.5% during the second quarter. Commonwealth Equity Services LLC now owns 18,872 shares of the company’s stock valued at $801,000 after acquiring an additional 2,244 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.