Fidelity Investment Grade Bond ETF (NYSEARCA:FIGB) Shares Purchased by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC lifted its position in Fidelity Investment Grade Bond ETF (NYSEARCA:FIGB) by 85.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 56,053 shares of the company’s stock after buying an additional 25,752 shares during the quarter. Commonwealth Equity Services LLC owned approximately 3.62% of Fidelity Investment Grade Bond ETF worth $2,373,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Avantax Advisory Services Inc. purchased a new stake in Fidelity Investment Grade Bond ETF during the 4th quarter worth approximately $1,374,000. PNC Financial Services Group Inc. grew its stake in Fidelity Investment Grade Bond ETF by 921.9% during the 4th quarter. PNC Financial Services Group Inc. now owns 31,393 shares of the company’s stock worth $1,329,000 after purchasing an additional 28,321 shares in the last quarter. Noble Wealth Management PBC acquired a new stake in Fidelity Investment Grade Bond ETF in the 4th quarter valued at about $3,791,000. MidAtlantic Capital Management Inc. purchased a new stake in shares of Fidelity Investment Grade Bond ETF during the fourth quarter worth approximately $74,000. Finally, Kestra Private Wealth Services LLC raised its holdings in Fidelity Investment Grade Bond ETF by 23.2% in the fourth quarter. Kestra Private Wealth Services LLC now owns 194,623 shares of the company’s stock valued at $8,240,000 after acquiring an additional 36,691 shares in the last quarter.

Fidelity Investment Grade Bond ETF Price Performance

Shares of NYSEARCA:FIGB opened at $42.84 on Thursday. The company’s 50 day moving average is $42.67 and its two-hundred day moving average is $42.96. Fidelity Investment Grade Bond ETF has a 52 week low of $41.19 and a 52 week high of $45.17.

Fidelity Investment Grade Bond ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Monday, March 3rd. Shareholders of record on Thursday, February 27th were paid a $0.131 dividend. The ex-dividend date was 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.