Fidelity Investment Grade Bond ETF (NYSEARCA:FIGB – Get Free Report) was the target of a large growth in short interest during the month of September. As of September 15th, there was short interest totaling 32,511 shares, a growth of 99.6% from the August 31st total of 16,292 shares. Based on an average daily trading volume, of 63,491 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.2% of the shares of the company are sold short.
Fidelity Investment Grade Bond ETF Stock Down 0.4%
Fidelity Investment Grade Bond ETF stock traded down $0.17 on Wednesday, reaching $40.70. 61,973 shares of the stock were exchanged, compared to its average volume of 94,905. Fidelity Investment Grade Bond ETF has a twelve month low of $40.67 and a twelve month high of $44.20. The firm has a fifty day moving average price of $42.05 and a two-hundred day moving average price of $42.62.
Institutional Inflows and Outflows
Several institutional investors have recently added to or reduced their stakes in FIGB. Heartland Bank & Trust Co bought a new position in Fidelity Investment Grade Bond ETF during the second quarter worth $48,585,000. Anson Capital Inc. boosted its holdings in Fidelity Investment Grade Bond ETF by 6.8% in the 2nd quarter. Anson Capital Inc. now owns 219,198 shares of the company’s stock valued at $9,388,000 after purchasing an additional 13,988 shares during the period. Clarity Retirement & Wealth LLC bought a new stake in Fidelity Investment Grade Bond ETF in the 4th quarter valued at $8,351,000. Envestnet Asset Management Inc. grew its position in Fidelity Investment Grade Bond ETF by 44.3% in the 2nd quarter. Envestnet Asset Management Inc. now owns 72,888 shares of the company’s stock worth $3,122,000 after purchasing an additional 22,363 shares during the last quarter. Finally, Kestra Advisory Services LLC increased its holdings in shares of Fidelity Investment Grade Bond ETF by 7.7% during the 1st quarter. Kestra Advisory Services LLC now owns 71,366 shares of the company’s stock worth $3,072,000 after purchasing an additional 5,116 shares during the period.
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.
See Also
- Five stocks we like better than Fidelity Investment Grade Bond ETF
- Deutsche Bank Makes a Contrarian Call on Netflix—What Does It Mean for Investors?
- O’Reilly Automotive’s Stock Slump Hides a Stronger Business
- McDonald’s Stock Slump Makes Its AI Pricing Bet Even Riskier
- Broadcom’s AI Growth Story Faces a $161 Billion Anthropic Test
Receive News & Ratings for Fidelity Investment Grade Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fidelity Investment Grade Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.
