Prosperity Wealth Management Inc. Buys Shares of 13,725 First Trust Limited Duration Investment Grade Corporate ETF (NYSEARCA:FSIG)

Prosperity Wealth Management Inc. purchased a new position in First Trust Limited Duration Investment Grade Corporate ETF (NYSEARCA:FSIG) during the fourth quarter, Holdings Channel reports. The fund purchased 13,725 shares of the company’s stock, valued at approximately $260,000.

A number of other institutional investors have also recently made changes to their positions in FSIG. Morgan Stanley grew its position in First Trust Limited Duration Investment Grade Corporate ETF by 1.1% in the third quarter. Morgan Stanley now owns 8,124,387 shares of the company’s stock worth $149,407,000 after acquiring an additional 91,872 shares in the last quarter. LPL Financial LLC boosted its holdings in shares of First Trust Limited Duration Investment Grade Corporate ETF by 5.8% in the 3rd quarter. LPL Financial LLC now owns 5,936,175 shares of the company’s stock worth $109,166,000 after purchasing an additional 323,979 shares in the last quarter. First Trust Advisors LP increased its position in shares of First Trust Limited Duration Investment Grade Corporate ETF by 7.2% during the 1st quarter. First Trust Advisors LP now owns 3,380,362 shares of the company’s stock valued at $63,652,000 after purchasing an additional 227,834 shares during the last quarter. Stifel Financial Corp raised its holdings in shares of First Trust Limited Duration Investment Grade Corporate ETF by 16.0% during the 2nd quarter. Stifel Financial Corp now owns 1,330,426 shares of the company’s stock valued at $24,773,000 after buying an additional 183,617 shares in the last quarter. Finally, Csenge Advisory Group raised its holdings in shares of First Trust Limited Duration Investment Grade Corporate ETF by 5.1% during the 3rd quarter. Csenge Advisory Group now owns 1,225,222 shares of the company’s stock valued at $22,532,000 after buying an additional 59,645 shares in the last quarter.

First Trust Limited Duration Investment Grade Corporate ETF Stock Up 0.2 %

FSIG traded up $0.04 during midday trading on Wednesday, hitting $18.62. The stock had a trading volume of 144,579 shares, compared to its average volume of 411,931. First Trust Limited Duration Investment Grade Corporate ETF has a 1 year low of $18.21 and a 1 year high of $19.02. The business has a fifty day moving average of $18.78 and a 200 day moving average of $18.71.

About First Trust Limited Duration Investment Grade Corporate ETF

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.