Independent Financial Group LLC acquired a new stake in First Trust Intermediate Duration Investment Grade Corporate ETF (NYSEARCA:FIIG – Free Report) in the first quarter, according to the company in its most recent filing with the SEC. The firm acquired 128,019 shares of the company’s stock, valued at approximately $2,656,000. Independent Financial Group LLC owned about 0.40% of First Trust Intermediate Duration Investment Grade Corporate ETF at the end of the most recent reporting period.
Several other hedge funds have also added to or reduced their stakes in the business. Aptus Capital Advisors LLC bought a new stake in First Trust Intermediate Duration Investment Grade Corporate ETF during the 4th quarter worth approximately $32,000. Advisory Services Network LLC bought a new position in shares of First Trust Intermediate Duration Investment Grade Corporate ETF during the third quarter valued at $61,000. Roxbury Financial LLC acquired a new position in shares of First Trust Intermediate Duration Investment Grade Corporate ETF during the first quarter worth $62,000. Allworth Financial LP acquired a new position in shares of First Trust Intermediate Duration Investment Grade Corporate ETF during the third quarter worth $64,000. Finally, Private Trust Co. NA increased its holdings in First Trust Intermediate Duration Investment Grade Corporate ETF by 406.3% in the fourth quarter. Private Trust Co. NA now owns 4,025 shares of the company’s stock valued at $85,000 after purchasing an additional 3,230 shares during the period.
First Trust Intermediate Duration Investment Grade Corporate ETF Stock Down 0.0%
Shares of FIIG opened at $20.61 on Friday. First Trust Intermediate Duration Investment Grade Corporate ETF has a 12 month low of $20.43 and a 12 month high of $21.49. The stock’s 50-day moving average price is $20.68 and its two-hundred day moving average price is $20.90.
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.
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