Kestra Private Wealth Services LLC Sells 27,381 Shares of First Trust Intermediate Duration Investment Grade Corporate ETF $FIIG

Kestra Private Wealth Services LLC lowered its position in First Trust Intermediate Duration Investment Grade Corporate ETF (NYSEARCA:FIIG) by 45.3% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 33,127 shares of the company’s stock after selling 27,381 shares during the period. Kestra Private Wealth Services LLC’s holdings in First Trust Intermediate Duration Investment Grade Corporate ETF were worth $687,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Aptus Capital Advisors LLC acquired a new position in shares of First Trust Intermediate Duration Investment Grade Corporate ETF during the fourth quarter worth approximately $32,000. Advisory Services Network LLC bought a new position in shares of First Trust Intermediate Duration Investment Grade Corporate ETF in the 3rd quarter worth $61,000. Allworth Financial LP bought a new position in shares of First Trust Intermediate Duration Investment Grade Corporate ETF in the 3rd quarter worth $64,000. Roxbury Financial LLC acquired a new stake in First Trust Intermediate Duration Investment Grade Corporate ETF in the 1st quarter valued at $62,000. Finally, Private Trust Co. NA grew its position in First Trust Intermediate Duration Investment Grade Corporate ETF by 406.3% in the 4th 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 Performance

Shares of FIIG stock opened at $20.75 on Friday. The firm has a fifty day simple moving average of $20.73 and a two-hundred day simple moving average of $20.94. First Trust Intermediate Duration Investment Grade Corporate ETF has a 12 month low of $20.43 and a 12 month high of $21.49.

About First Trust Intermediate Duration Investment Grade Corporate ETF

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.