RiverTree Advisors LLC Makes New Investment in First Trust Limited Duration Investment Grade Corporate ETF $FSIG

RiverTree Advisors LLC acquired a new position in shares of First Trust Limited Duration Investment Grade Corporate ETF (NYSEARCA:FSIG) in the fourth quarter, Holdings Channel.com reports. The fund acquired 36,169 shares of the company’s stock, valued at approximately $694,000.

A number of other institutional investors have also added to or reduced their stakes in FSIG. Stratos Wealth Advisors LLC raised its position in First Trust Limited Duration Investment Grade Corporate ETF by 5.7% during the third quarter. Stratos Wealth Advisors LLC now owns 11,354 shares of the company’s stock valued at $218,000 after purchasing an additional 614 shares in the last quarter. StoneX Group Inc. increased its position in shares of First Trust Limited Duration Investment Grade Corporate ETF by 5.4% during the 2nd quarter. StoneX Group Inc. now owns 20,789 shares of the company’s stock valued at $397,000 after purchasing an additional 1,063 shares during the last quarter. Geneos Wealth Management Inc. boosted its stake in First Trust Limited Duration Investment Grade Corporate ETF by 68.7% in the second 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. Arkadios Wealth Advisors lifted its holdings in shares of First Trust Limited Duration Investment Grade Corporate ETF by 9.1% in the 3rd quarter. Arkadios Wealth Advisors now owns 14,912 shares of the company’s stock worth $286,000 after acquiring an additional 1,244 shares during the last quarter. Finally, Stratos Wealth Partners LTD. grew its holdings in shares of First Trust Limited Duration Investment Grade Corporate ETF by 8.2% during the 3rd quarter. Stratos Wealth Partners LTD. now owns 21,951 shares of the company’s stock valued at $422,000 after purchasing an additional 1,664 shares during the last quarter.

First Trust Limited Duration Investment Grade Corporate ETF Stock Performance

FSIG opened at $18.82 on Monday. First Trust Limited Duration Investment Grade Corporate ETF has a 12 month low of $18.70 and a 12 month high of $19.33. The business’s 50-day moving average price is $19.11 and its 200-day moving average price is $19.18.

First Trust Limited Duration Investment Grade Corporate ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Friday, February 27th. Stockholders of record on Friday, February 20th were issued a $0.0725 dividend. The ex-dividend date was Friday, February 20th. This represents a c) annualized dividend and a dividend yield of 4.6%.

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.