Fidelity Investment Grade Bond ETF (NYSEARCA:FIGB) Shares Acquired by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. grew its stake in Fidelity Investment Grade Bond ETF (NYSEARCA:FIGB) by 921.9% during the fourth quarter, HoldingsChannel reports. The firm owned 31,393 shares of the company’s stock after purchasing an additional 28,321 shares during the quarter. PNC Financial Services Group Inc.’s holdings in Fidelity Investment Grade Bond ETF were worth $1,329,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also modified their holdings of the stock. FMR LLC boosted its stake 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 in the last quarter. MidAtlantic Capital Management Inc. purchased a new stake in shares of Fidelity Investment Grade Bond ETF in the fourth quarter valued at approximately $74,000. Flow Traders U.S. LLC boosted its stake in shares of Fidelity Investment Grade Bond ETF by 29.8% in the third quarter. Flow Traders U.S. LLC now owns 10,478 shares of the company’s stock valued at $462,000 after buying an additional 2,407 shares in the last quarter. Peterson Wealth Advisors LLC boosted its position in Fidelity Investment Grade Bond ETF by 210.1% during the fourth quarter. Peterson Wealth Advisors LLC now owns 15,570 shares of the company’s stock worth $658,000 after purchasing an additional 10,549 shares in the last quarter. Finally, Bill Few Associates Inc. boosted its position in Fidelity Investment Grade Bond ETF by 18.9% during the fourth quarter. Bill Few Associates Inc. now owns 25,807 shares of the company’s stock worth $1,093,000 after purchasing an additional 4,102 shares in the last quarter.

Fidelity Investment Grade Bond ETF Trading Down 0.3 %

FIGB opened at $42.90 on Monday. The business’s fifty day moving average is $42.52 and its two-hundred day moving average is $43.01. Fidelity Investment Grade Bond ETF has a one year low of $41.19 and a one year high of $45.17.

Fidelity Investment Grade Bond ETF Cuts Dividend

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

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.