Gateway Wealth Partners LLC grew its holdings in First Trust Intermediate Duration Investment Grade Corporate ETF (NYSEARCA:FIIG – Free Report) by 126.5% in the 1st quarter, Holdings Channel.com reports. The fund owned 167,614 shares of the company’s stock after buying an additional 93,623 shares during the period. Gateway Wealth Partners LLC’s holdings in First Trust Intermediate Duration Investment Grade Corporate ETF were worth $3,478,000 as of its most recent SEC filing.
Several other institutional investors have also added to or reduced their stakes in FIIG. JPMorgan Chase & Co. acquired a new position in shares of First Trust Intermediate Duration Investment Grade Corporate ETF during the second quarter valued at about $2,099,000. First Trust Advisors LP raised its position in shares of First Trust Intermediate Duration Investment Grade Corporate ETF by 2.5% in the 2nd quarter. First Trust Advisors LP now owns 234,798 shares of the company’s stock valued at $4,926,000 after purchasing an additional 5,793 shares during the last quarter. NewEdge Advisors LLC boosted its stake in First Trust Intermediate Duration Investment Grade Corporate ETF by 191.6% in the 2nd quarter. NewEdge Advisors LLC now owns 81,238 shares of the company’s stock worth $1,704,000 after purchasing an additional 53,380 shares in the last quarter. Betterment LLC acquired a new stake in First Trust Intermediate Duration Investment Grade Corporate ETF in the 2nd quarter worth approximately $287,000. Finally, Jane Street Group LLC acquired a new stake in First Trust Intermediate Duration Investment Grade Corporate ETF in the 2nd quarter worth approximately $1,033,000.
First Trust Intermediate Duration Investment Grade Corporate ETF Price Performance
NYSEARCA:FIIG opened at $20.42 on Tuesday. First Trust Intermediate Duration Investment Grade Corporate ETF has a twelve month low of $20.30 and a twelve month high of $21.49. The company’s 50 day moving average is $20.64 and its two-hundred day moving average is $20.86.
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.
Featured Articles
- Five stocks we like better than First Trust Intermediate Duration Investment Grade Corporate ETF
- AirJoule’s Kubota Deal Is a Major Validation—But the Hard Part Comes Next
- Dividend Stocks May Be the Quiet Rotation Trade Investors Are Missing Now
- Refiner Stocks Are Near Record Highs—Can Iran-Driven Margins Keep Them There?
- Verizon May Be an AI Infrastructure Stock Hiding in Plain Sight
Want to see what other hedge funds are holding FIIG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Trust Intermediate Duration Investment Grade Corporate ETF (NYSEARCA:FIIG – Free Report).
Receive News & Ratings for First Trust Intermediate Duration Investment Grade Corporate ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Trust Intermediate Duration Investment Grade Corporate ETF and related companies with MarketBeat.com's FREE daily email newsletter.
