Kingsview Wealth Management LLC Buys 88,742 Shares of First Trust Intermediate Duration Investment Grade Corporate ETF $FIIG

Kingsview Wealth Management LLC raised its stake in shares of First Trust Intermediate Duration Investment Grade Corporate ETF (NYSEARCA:FIIG) by 157.1% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 145,239 shares of the company’s stock after acquiring an additional 88,742 shares during the period. Kingsview Wealth Management LLC owned approximately 0.48% of First Trust Intermediate Duration Investment Grade Corporate ETF worth $3,079,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of FIIG. JPMorgan Chase & Co. bought a new position in First Trust Intermediate Duration Investment Grade Corporate ETF during the 2nd quarter valued at about $2,099,000. First Trust Advisors LP lifted its stake in First Trust Intermediate Duration Investment Grade Corporate ETF by 2.5% during the 2nd quarter. First Trust Advisors LP now owns 234,798 shares of the company’s stock valued at $4,926,000 after acquiring an additional 5,793 shares during the period. NewEdge Advisors LLC lifted its stake in First Trust Intermediate Duration Investment Grade Corporate ETF by 191.6% during the 2nd quarter. NewEdge Advisors LLC now owns 81,238 shares of the company’s stock valued at $1,704,000 after acquiring an additional 53,380 shares during the period. Betterment LLC bought a new position in First Trust Intermediate Duration Investment Grade Corporate ETF during the 2nd quarter valued at about $287,000. Finally, Jane Street Group LLC bought a new position in First Trust Intermediate Duration Investment Grade Corporate ETF during the 2nd quarter valued at about $1,033,000.

First Trust Intermediate Duration Investment Grade Corporate ETF Stock Performance

FIIG opened at $20.74 on Friday. The company’s 50-day simple moving average is $20.77 and its two-hundred day simple moving average is $21.03. First Trust Intermediate Duration Investment Grade Corporate ETF has a 52-week low of $20.43 and a 52-week high of $21.49.

First Trust Intermediate Duration Investment Grade Corporate ETF 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.