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) shares crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty 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.

Fidelity Investment Grade Bond ETF Stock Performance

The stock’s 50 day simple moving average is $43.36 and its two-hundred day simple moving average is $43.16.

Institutional Investors Weigh In On Fidelity Investment Grade Bond ETF

Institutional investors have recently bought and sold shares of the business. Bill Few Associates Inc. boosted its stake in shares of Fidelity Investment Grade Bond ETF by 102.9% in the 2nd quarter. Bill Few Associates Inc. now owns 21,312 shares of the company’s stock valued at $904,000 after purchasing an additional 10,807 shares in the last quarter. Harbour Investments Inc. raised its holdings 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 valued at $1,295,000 after buying an additional 253 shares during the last quarter. OmniStar Financial Group Inc. raised its holdings in shares of Fidelity Investment Grade Bond ETF by 6.1% in the second quarter. OmniStar Financial Group Inc. now owns 22,729 shares of the company’s stock valued at $965,000 after buying an additional 1,306 shares during the last quarter. Commonwealth Equity Services LLC raised its holdings in shares of Fidelity Investment Grade Bond ETF by 13.5% in the second quarter. Commonwealth Equity Services LLC now owns 18,872 shares of the company’s stock valued at $801,000 after buying an additional 2,244 shares during the last quarter. Finally, FMR LLC raised its holdings in shares of Fidelity Investment Grade Bond ETF by 1,246.5% in the third quarter. FMR LLC now owns 956 shares of the company’s stock valued at $42,000 after buying an additional 885 shares during 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.