Fidelity Makes Major Investment in Google

Fidelity Investments, the world’s largest mutual fund manager, has bought about $533 million of Google Inc. stock, or about 1.9% of all shares of the Internet search engine owner.

Boston-based Fidelity reported in a filing with the Securities and Exchange Commission that it held 5.21 million Google Class A shares, or 16% of that class.

Shares of Google rose $3.02 to $105.33 on Nasdaq.