Cetera Investment Advisers Raises Holdings in First Trust Intermediate Duration Investment Grade Corporate ETF $FIIG

Cetera Investment Advisers lifted its position in shares of First Trust Intermediate Duration Investment Grade Corporate ETF (NYSEARCA:FIIG) by 1.5% during the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,729,781 shares of the company’s stock after purchasing an additional 24,855 shares during the period. Cetera Investment Advisers owned about 0.05% of First Trust Intermediate Duration Investment Grade Corporate ETF worth $35,893,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Northeast Planning Associates INC. NH grew its stake in First Trust Intermediate Duration Investment Grade Corporate ETF by 14.4% during the 4th quarter. Northeast Planning Associates INC. NH now owns 385,440 shares of the company’s stock worth $8,171,000 after buying an additional 48,600 shares during the last quarter. Kingsview Wealth Management LLC increased its position in First Trust Intermediate Duration Investment Grade Corporate ETF by 157.1% during the fourth quarter. Kingsview Wealth Management LLC now owns 145,239 shares of the company’s stock worth $3,079,000 after buying an additional 88,742 shares during the period. Manchester Financial Inc. lifted its stake in First Trust Intermediate Duration Investment Grade Corporate ETF by 64.0% in the fourth quarter. Manchester Financial Inc. now owns 957,492 shares of the company’s stock valued at $20,299,000 after buying an additional 373,627 shares during the last quarter. Assetmark Inc. lifted its stake in First Trust Intermediate Duration Investment Grade Corporate ETF by 13.7% in the first quarter. Assetmark Inc. now owns 238,285 shares of the company’s stock valued at $4,944,000 after buying an additional 28,701 shares during the last quarter. Finally, Independent Financial Group LLC purchased a new stake in First Trust Intermediate Duration Investment Grade Corporate ETF in the first quarter valued at approximately $2,656,000.

First Trust Intermediate Duration Investment Grade Corporate ETF Price Performance

FIIG stock opened at $20.36 on Friday. The business has a 50 day simple moving average of $20.64 and a 200-day simple moving average of $20.87. First Trust Intermediate Duration Investment Grade Corporate ETF has a twelve month low of $20.30 and a twelve month 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.