Avantax Advisory Services Inc. Purchases New Shares in Fidelity Investment Grade Bond ETF (NYSEARCA:FIGB)

Avantax Advisory Services Inc. purchased a new stake in Fidelity Investment Grade Bond ETF (NYSEARCA:FIGB) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 32,456 shares of the company’s stock, valued at approximately $1,374,000. Avantax Advisory Services Inc. owned about 2.09% of Fidelity Investment Grade Bond ETF as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the business. PNC Financial Services Group Inc. raised its holdings 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 during the last quarter. Noble Wealth Management PBC bought a new stake in Fidelity Investment Grade Bond ETF during the 4th quarter worth about $3,791,000. MidAtlantic Capital Management Inc. bought a new stake in Fidelity Investment Grade Bond ETF during the 4th quarter worth about $74,000. Kestra Private Wealth Services LLC raised its holdings in Fidelity Investment Grade Bond ETF by 23.2% during the 4th quarter. Kestra Private Wealth Services LLC now owns 194,623 shares of the company’s stock worth $8,240,000 after purchasing an additional 36,691 shares during the last quarter. Finally, Bill Few Associates Inc. raised its holdings in Fidelity Investment Grade Bond ETF by 18.9% during the 4th 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 during the last quarter.

Fidelity Investment Grade Bond ETF Price Performance

Shares of NYSEARCA:FIGB opened at $42.94 on Wednesday. Fidelity Investment Grade Bond ETF has a 1-year low of $41.19 and a 1-year high of $45.17. The business has a 50-day moving average price of $42.55 and a two-hundred day moving average price of $43.00.

Fidelity Investment Grade Bond ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Monday, March 3rd. Shareholders of record on Thursday, February 27th were issued 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.