Manchester Financial Inc. Has $12.40 Million Holdings in First Trust Intermediate Duration Investment Grade Corporate ETF $FIIG

Manchester Financial Inc. boosted its stake in shares of First Trust Intermediate Duration Investment Grade Corporate ETF (NYSEARCA:FIIG) by 16.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 583,865 shares of the company’s stock after acquiring an additional 81,656 shares during the quarter. First Trust Intermediate Duration Investment Grade Corporate ETF accounts for 2.5% of Manchester Financial Inc.’s portfolio, making the stock its 13th largest position. Manchester Financial Inc.’s holdings in First Trust Intermediate Duration Investment Grade Corporate ETF were worth $12,395,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently made changes to their positions in the company. Asset Allocation Strategies LLC lifted its holdings in First Trust Intermediate Duration Investment Grade Corporate ETF by 25.2% during the 3rd quarter. Asset Allocation Strategies LLC now owns 15,820 shares of the company’s stock valued at $336,000 after purchasing an additional 3,185 shares during the last quarter. TCP Asset Management LLC acquired a new stake in shares of First Trust Intermediate Duration Investment Grade Corporate ETF in the third quarter valued at $18,917,000. EWG Elevate Inc. acquired a new position in First Trust Intermediate Duration Investment Grade Corporate ETF during the 3rd quarter worth about $3,507,000. Milestones Private Investment Advisors LLC acquired a new position in First Trust Intermediate Duration Investment Grade Corporate ETF during the 2nd quarter worth about $215,000. Finally, Osaic Holdings Inc. grew its holdings in First Trust Intermediate Duration Investment Grade Corporate ETF by 10.2% during the 2nd quarter. Osaic Holdings Inc. now owns 161,816 shares of the company’s stock worth $3,392,000 after acquiring an additional 14,943 shares during the last quarter.

First Trust Intermediate Duration Investment Grade Corporate ETF Trading Up 0.0%

Shares of FIIG stock opened at $21.13 on Wednesday. First Trust Intermediate Duration Investment Grade Corporate ETF has a 1 year low of $19.96 and a 1 year high of $21.49. The firm’s 50 day moving average is $21.25 and its 200-day moving average is $21.12.

First Trust Intermediate Duration Investment Grade Corporate ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, November 28th. Shareholders of record on Friday, November 21st were issued a dividend of $0.08 per share. The ex-dividend date of this dividend was Friday, November 21st. This represents a c) annualized dividend and a yield of 4.5%.

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.