Fidelity Investment Grade Bond ETF $FIGB Shares Purchased by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. boosted its position in Fidelity Investment Grade Bond ETF (NYSEARCA:FIGB) by 1,534,246.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 460,304 shares of the company’s stock after buying an additional 460,274 shares during the quarter. Northwestern Mutual Wealth Management Co. owned 5.61% of Fidelity Investment Grade Bond ETF worth $19,991,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in FIGB. Planning Directions Inc. acquired a new position in Fidelity Investment Grade Bond ETF in the 3rd quarter worth $204,000. Arkadios Wealth Advisors acquired a new position in Fidelity Investment Grade Bond ETF in the 3rd quarter worth $207,000. Integrated Advisors Network LLC acquired a new position in Fidelity Investment Grade Bond ETF in the 3rd quarter worth $221,000. Foronjy Financial LLC lifted its holdings in Fidelity Investment Grade Bond ETF by 4.3% in the 4th quarter. Foronjy Financial LLC now owns 6,607 shares of the company’s stock worth $287,000 after buying an additional 274 shares in the last quarter. Finally, Latitude Advisors LLC lifted its holdings in Fidelity Investment Grade Bond ETF by 7.5% in the 3rd quarter. Latitude Advisors LLC now owns 8,658 shares of the company’s stock worth $377,000 after buying an additional 603 shares in the last quarter.

Fidelity Investment Grade Bond ETF Trading Down 0.5%

Shares of FIGB stock opened at $42.36 on Wednesday. Fidelity Investment Grade Bond ETF has a 12 month low of $42.14 and a 12 month high of $44.20. The company’s fifty day moving average price is $43.10 and its two-hundred day moving average price is $43.41.

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.