First Trust Advisors LP Boosts Stake in First Trust Intermediate Duration Investment Grade Corporate ETF $FIIG

First Trust Advisors LP grew its holdings in shares of First Trust Intermediate Duration Investment Grade Corporate ETF (NYSEARCA:FIIG) by 34.2% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 462,533 shares of the company’s stock after acquiring an additional 117,894 shares during the period. First Trust Advisors LP owned about 1.44% of First Trust Intermediate Duration Investment Grade Corporate ETF worth $9,598,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the business. Commonwealth Equity Services LLC boosted its holdings in First Trust Intermediate Duration Investment Grade Corporate ETF by 362.8% in the fourth quarter. Commonwealth Equity Services LLC now owns 2,097,756 shares of the company’s stock valued at $44,472,000 after purchasing an additional 1,644,507 shares during the last quarter. LPL Financial LLC increased its holdings in First Trust Intermediate Duration Investment Grade Corporate ETF by 16.0% during the 4th quarter. LPL Financial LLC now owns 4,410,462 shares of the company’s stock worth $93,502,000 after purchasing an additional 609,714 shares during the last quarter. Manchester Financial Inc. increased its holdings in First Trust Intermediate Duration Investment Grade Corporate ETF by 64.0% during the 4th quarter. Manchester Financial Inc. now owns 957,492 shares of the company’s stock worth $20,299,000 after purchasing an additional 373,627 shares during the last quarter. Concurrent Investment Advisors LLC raised its position in shares of First Trust Intermediate Duration Investment Grade Corporate ETF by 114.9% in the 4th quarter. Concurrent Investment Advisors LLC now owns 670,866 shares of the company’s stock valued at $14,222,000 after purchasing an additional 358,716 shares in the last quarter. Finally, Stephens Inc. AR raised its position in shares of First Trust Intermediate Duration Investment Grade Corporate ETF by 80.4% in the 1st quarter. Stephens Inc. AR now owns 761,660 shares of the company’s stock valued at $15,804,000 after purchasing an additional 339,533 shares in the last quarter.

First Trust Intermediate Duration Investment Grade Corporate ETF Trading Down 0.1%

First Trust Intermediate Duration Investment Grade Corporate ETF stock opened at $20.37 on Friday. First Trust Intermediate Duration Investment Grade Corporate ETF has a 52 week low of $20.30 and a 52 week high of $21.49. The stock has a 50 day moving average of $20.63 and a 200-day moving average of $20.84.

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.