Northeast Planning Associates INC. NH Has $6.53 Million Stock Position in First Trust Intermediate Duration Investment Grade Corporate ETF $FIIG

Northeast Planning Associates INC. NH boosted its position in shares of First Trust Intermediate Duration Investment Grade Corporate ETF (NYSEARCA:FIIG) by 4.2% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 311,252 shares of the company’s stock after acquiring an additional 12,468 shares during the period. First Trust Intermediate Duration Investment Grade Corporate ETF accounts for 6.0% of Northeast Planning Associates INC. NH’s holdings, making the stock its 6th biggest position. Northeast Planning Associates INC. NH owned 1.30% of First Trust Intermediate Duration Investment Grade Corporate ETF worth $6,530,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Envestnet Asset Management Inc. raised its stake in First Trust Intermediate Duration Investment Grade Corporate ETF by 1.5% in the second quarter. Envestnet Asset Management Inc. now owns 1,407,356 shares of the company’s stock valued at $29,526,000 after buying an additional 20,389 shares during the last quarter. Comerica Bank increased its holdings in shares of First Trust Intermediate Duration Investment Grade Corporate ETF by 37.0% during the first quarter. Comerica Bank now owns 6,754 shares of the company’s stock valued at $140,000 after acquiring an additional 1,823 shares in the last quarter. Independent Wealth Network Inc. increased its holdings in shares of First Trust Intermediate Duration Investment Grade Corporate ETF by 12.4% during the second quarter. Independent Wealth Network Inc. now owns 13,332 shares of the company’s stock valued at $280,000 after acquiring an additional 1,474 shares in the last quarter. Manchester Financial Inc. raised its position in shares of First Trust Intermediate Duration Investment Grade Corporate ETF by 7.5% in the 2nd quarter. Manchester Financial Inc. now owns 502,209 shares of the company’s stock valued at $10,536,000 after purchasing an additional 34,880 shares during the last quarter. Finally, OLD Mission Capital LLC acquired a new stake in First Trust Intermediate Duration Investment Grade Corporate ETF in the 1st quarter worth approximately $1,253,000.

First Trust Intermediate Duration Investment Grade Corporate ETF Price Performance

NYSEARCA:FIIG opened at $21.19 on Friday. First Trust Intermediate Duration Investment Grade Corporate ETF has a twelve month low of $19.96 and a twelve month high of $21.49. The company’s 50 day moving average is $21.28 and its two-hundred day moving average is $21.01.

First Trust Intermediate Duration Investment Grade Corporate ETF Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Friday, November 28th. Investors of record on Friday, November 21st will be paid a $0.08 dividend. The ex-dividend date is Friday, November 21st. This represents a c) dividend on an annualized basis and a yield of 4.5%.

First Trust Intermediate Duration Investment Grade Corporate ETF Company Profile

The First Trust Intermediate Duration Investment Grade Corporate ETF (FIIG) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed, investing in a broad portfolio of US investment grade, corporate debt securities. The portfolio aims for a dollar-weighted average maturity between three and ten years FIIG was launched on Aug 2, 2023 and is issued by First Trust.