PKS Advisory Services LLC Purchases Shares of 36,558 Fidelity Investment Grade Bond ETF (NYSEARCA:FIGB)

PKS Advisory Services LLC acquired a new stake in Fidelity Investment Grade Bond ETF (NYSEARCA:FIGB) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 36,558 shares of the company’s stock, valued at approximately $1,548,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Kestra Private Wealth Services LLC increased its position in Fidelity Investment Grade Bond ETF by 23.2% during the fourth 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. Noble Wealth Management PBC acquired a new stake in shares of Fidelity Investment Grade Bond ETF in the 4th quarter valued at $3,791,000. Commonwealth Equity Services LLC boosted its holdings in Fidelity Investment Grade Bond ETF by 85.0% in the fourth quarter. Commonwealth Equity Services LLC now owns 56,053 shares of the company’s stock valued at $2,373,000 after purchasing an additional 25,752 shares in the last quarter. Avantax Advisory Services Inc. acquired a new stake in shares of Fidelity Investment Grade Bond ETF in the 4th quarter valued at about $1,374,000. Finally, PNC Financial Services Group Inc. increased its stake in Fidelity Investment Grade Bond ETF by 921.9% in the fourth quarter. PNC Financial Services Group Inc. now owns 31,393 shares of the company’s stock valued at $1,329,000 after purchasing an additional 28,321 shares during the period.

Fidelity Investment Grade Bond ETF Price Performance

Shares of FIGB stock opened at $42.84 on Tuesday. The stock has a 50 day simple moving average of $42.64 and a 200-day simple moving average of $42.97. Fidelity Investment Grade Bond ETF has a 12-month low of $41.19 and a 12-month high of $45.17.

Fidelity Investment Grade Bond ETF Cuts Dividend

The business also recently declared 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 of this dividend was Thursday, February 27th.

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.