Peterson Wealth Advisors LLC Cuts Holdings in Fidelity Investment Grade Bond ETF (NYSEARCA:FIGB)

Peterson Wealth Advisors LLC lessened its stake in Fidelity Investment Grade Bond ETF (NYSEARCA:FIGB) by 10.4% in the first quarter, Holdings Channel.com reports. The institutional investor owned 13,957 shares of the company’s stock after selling 1,613 shares during the quarter. Peterson Wealth Advisors LLC’s holdings in Fidelity Investment Grade Bond ETF were worth $600,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of FIGB. Wealth Enhancement Advisory Services LLC grew its stake in Fidelity Investment Grade Bond ETF by 458.9% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 86,387 shares of the company’s stock worth $3,658,000 after buying an additional 70,930 shares in the last quarter. PKS Advisory Services LLC purchased a new position in Fidelity Investment Grade Bond ETF in the 4th quarter worth approximately $1,548,000. Avantax Advisory Services Inc. purchased a new position in Fidelity Investment Grade Bond ETF in the 4th quarter worth approximately $1,374,000. Envestnet Asset Management Inc. purchased a new position in Fidelity Investment Grade Bond ETF in the 4th quarter worth approximately $1,344,000. Finally, PNC Financial Services Group Inc. grew its stake in Fidelity Investment Grade Bond ETF by 921.9% in the 4th quarter. PNC Financial Services Group Inc. now owns 31,393 shares of the company’s stock worth $1,329,000 after buying an additional 28,321 shares in the last quarter.

Fidelity Investment Grade Bond ETF Stock Performance

Shares of FIGB opened at $42.78 on Wednesday. Fidelity Investment Grade Bond ETF has a fifty-two week low of $41.59 and a fifty-two week high of $45.17. The firm has a 50 day moving average price of $42.69 and a 200-day moving average price of $42.63.

Fidelity Investment Grade Bond ETF 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.