Tradewinds LLC. Buys New Stake in First Trust Limited Duration Investment Grade Corporate ETF $FSIG

Tradewinds LLC. purchased a new stake in shares of First Trust Limited Duration Investment Grade Corporate ETF (NYSEARCA:FSIG) during the second quarter, HoldingsChannel reports. The fund purchased 18,046 shares of the company’s stock, valued at approximately $345,000.

A number of other hedge funds also recently bought and sold shares of the business. CWM LLC lifted its position in First Trust Limited Duration Investment Grade Corporate ETF by 95.4% during the second quarter. CWM LLC now owns 1,903 shares of the company’s stock valued at $36,000 after purchasing an additional 929 shares during the last quarter. Rossby Financial LCC bought a new position in shares of First Trust Limited Duration Investment Grade Corporate ETF in the 1st quarter valued at about $69,000. Ameriflex Group Inc. lifted its holdings in shares of First Trust Limited Duration Investment Grade Corporate ETF by 38.4% in the 2nd quarter. Ameriflex Group Inc. now owns 3,796 shares of the company’s stock valued at $73,000 after acquiring an additional 1,054 shares during the last quarter. Ameritas Advisory Services LLC bought a new position in shares of First Trust Limited Duration Investment Grade Corporate ETF in the 2nd quarter valued at about $145,000. Finally, Moloney Securities Asset Management LLC bought a new position in shares of First Trust Limited Duration Investment Grade Corporate ETF in the 1st quarter valued at about $196,000.

First Trust Limited Duration Investment Grade Corporate ETF Stock Down 0.1%

NYSEARCA:FSIG opened at $19.21 on Friday. First Trust Limited Duration Investment Grade Corporate ETF has a 1 year low of $18.70 and a 1 year high of $19.33. The business has a 50 day simple moving average of $19.24 and a 200-day simple moving average of $19.11.

First Trust Limited Duration Investment Grade Corporate ETF Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Monday, November 17th. Investors of record on Monday, November 3rd will be given a $0.0725 dividend. The ex-dividend date is Monday, November 3rd. This represents a c) dividend on an annualized basis and a yield of 4.5%.

First Trust Limited Duration Investment Grade Corporate ETF Profile

The First Trust Limited Duration Investment Grade Corporate ETF (FSIG) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund seeks to provide current income from an actively managed portfolio of short-term US investment-grade corporate bonds. FSIG was launched on Nov 17, 2021 and is managed by First Trust.