Uniting Wealth Partners LLC Invests $6.40 Million in First Trust Limited Duration Investment Grade Corporate ETF $FSIG

Uniting Wealth Partners LLC bought a new position in shares of First Trust Limited Duration Investment Grade Corporate ETF (NYSEARCA:FSIG) during the third quarter, Holdings Channel.com reports. The fund bought 333,181 shares of the company’s stock, valued at approximately $6,400,000. First Trust Limited Duration Investment Grade Corporate ETF makes up 1.5% of Uniting Wealth Partners LLC’s holdings, making the stock its 13th biggest holding.

Other hedge funds have also recently added to or reduced their stakes in the company. First Trust Advisors LP grew its holdings in First Trust Limited Duration Investment Grade Corporate ETF by 12.2% during the 2nd quarter. First Trust Advisors LP now owns 2,549,886 shares of the company’s stock worth $48,754,000 after acquiring an additional 276,392 shares in the last quarter. Ameriprise Financial Inc. lifted its position in shares of First Trust Limited Duration Investment Grade Corporate ETF by 5.1% during the 2nd quarter. Ameriprise Financial Inc. now owns 2,223,405 shares of the company’s stock worth $42,498,000 after purchasing an additional 108,855 shares during the last quarter. Csenge Advisory Group grew its stake in shares of First Trust Limited Duration Investment Grade Corporate ETF by 9.8% during the third quarter. Csenge Advisory Group now owns 1,997,699 shares of the company’s stock worth $38,376,000 after purchasing an additional 179,086 shares in the last quarter. Envestnet Asset Management Inc. increased its holdings in First Trust Limited Duration Investment Grade Corporate ETF by 7.7% in the third quarter. Envestnet Asset Management Inc. now owns 1,763,472 shares of the company’s stock valued at $33,876,000 after buying an additional 126,797 shares during the last quarter. Finally, Raymond James Financial Inc. raised its stake in First Trust Limited Duration Investment Grade Corporate ETF by 13.7% in the second quarter. Raymond James Financial Inc. now owns 1,025,541 shares of the company’s stock valued at $19,608,000 after buying an additional 123,516 shares in the last quarter.

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

Shares of NYSEARCA FSIG opened at $19.22 on Friday. The business has a 50-day moving average of $19.18 and a two-hundred day moving average of $19.20. First Trust Limited Duration Investment Grade Corporate ETF has a 1 year low of $18.70 and a 1 year high of $19.33.

First Trust Limited Duration Investment Grade Corporate ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, January 30th. Investors of record on Wednesday, January 21st were paid a dividend of $0.0725 per share. The ex-dividend date was Wednesday, January 21st. This represents a c) annualized dividend and a yield of 4.5%.

First Trust Limited Duration Investment Grade Corporate ETF Company 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.