BG Investment Services Inc. Has $248,000 Stock Position in Fidelity Tactical Bond ETF $FTBD

BG Investment Services Inc. lifted its stake in shares of Fidelity Tactical Bond ETF (NYSEARCA:FTBD) by 6.2% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,031 shares of the company’s stock after purchasing an additional 293 shares during the quarter. BG Investment Services Inc. owned about 0.91% of Fidelity Tactical Bond ETF worth $248,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Peterson Wealth Advisors LLC acquired a new position in Fidelity Tactical Bond ETF during the 1st quarter worth approximately $202,000. InTrack Investment Management Inc bought a new stake in shares of Fidelity Tactical Bond ETF during the second quarter valued at approximately $223,000. Finally, Jane Street Group LLC raised its position in shares of Fidelity Tactical Bond ETF by 253.9% during the first quarter. Jane Street Group LLC now owns 39,189 shares of the company’s stock worth $1,916,000 after purchasing an additional 28,115 shares during the period.

Fidelity Tactical Bond ETF Trading Up 0.2%

Shares of FTBD opened at $50.36 on Tuesday. The business’s fifty day moving average is $49.86 and its 200 day moving average is $49.14. Fidelity Tactical Bond ETF has a 12-month low of $47.51 and a 12-month high of $50.39.

Fidelity Tactical Bond ETF Company Profile

The Fidelity Tactical Bond ETF (FTBD) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that holds debt securities of any type, rating, and maturity, selected using a qualitative and quantitative security selection approach. FTBD was launched on Jan 24, 2023 and is managed by Fidelity.