First Trust Limited Duration Investment Grade Corporate ETF $FSIG Shares Bought by LPL Financial LLC

LPL Financial LLC boosted its stake in shares of First Trust Limited Duration Investment Grade Corporate ETF (NYSEARCA:FSIG) by 8.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 7,681,212 shares of the company’s stock after acquiring an additional 618,781 shares during the quarter. LPL Financial LLC owned about 10.11% of First Trust Limited Duration Investment Grade Corporate ETF worth $147,402,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. Godfrey Financial Associates Inc. acquired a new stake in First Trust Limited Duration Investment Grade Corporate ETF during the 4th quarter worth approximately $36,000. Geneos Wealth Management Inc. raised its stake in shares of First Trust Limited Duration Investment Grade Corporate ETF by 68.7% during the 2nd quarter. Geneos Wealth Management Inc. now owns 2,871 shares of the company’s stock worth $55,000 after buying an additional 1,169 shares in the last quarter. Triumph Capital Management purchased a new position in shares of First Trust Limited Duration Investment Grade Corporate ETF during the 3rd quarter worth approximately $91,000. Advisory Services Network LLC purchased a new position in shares of First Trust Limited Duration Investment Grade Corporate ETF during the 3rd quarter worth approximately $143,000. Finally, Northwestern Mutual Wealth Management Co. raised its stake in shares of First Trust Limited Duration Investment Grade Corporate ETF by 5,283.4% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 7,806 shares of the company’s stock worth $150,000 after buying an additional 7,661 shares in the last quarter.

First Trust Limited Duration Investment Grade Corporate ETF Price Performance

Shares of FSIG stock opened at $18.88 on Thursday. The stock has a 50 day simple moving average of $18.95 and a 200-day simple moving average of $19.07. First Trust Limited Duration Investment Grade Corporate ETF has a 12-month low of $18.80 and a 12-month high of $19.33.

First Trust Limited Duration Investment Grade Corporate ETF 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.