First Trust Intermediate Duration Investment Grade Corporate ETF $FIIG Shares Acquired by First Trust Advisors LP

First Trust Advisors LP lifted its stake in shares of First Trust Intermediate Duration Investment Grade Corporate ETF (NYSEARCA:FIIG) by 34.2% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 462,533 shares of the company’s stock after purchasing an additional 117,894 shares during the period. First Trust Advisors LP’s holdings in First Trust Intermediate Duration Investment Grade Corporate ETF were worth $9,598,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. JPMorgan Chase & Co. bought a new stake in First Trust Intermediate Duration Investment Grade Corporate ETF in the second quarter valued at about $2,099,000. NewEdge Advisors LLC lifted its holdings in First Trust Intermediate Duration Investment Grade Corporate ETF by 191.6% during the 2nd quarter. NewEdge Advisors LLC now owns 81,238 shares of the company’s stock worth $1,704,000 after buying an additional 53,380 shares during the last quarter. Betterment LLC bought a new position in First Trust Intermediate Duration Investment Grade Corporate ETF during the 2nd quarter worth approximately $287,000. Jane Street Group LLC acquired a new position in shares of First Trust Intermediate Duration Investment Grade Corporate ETF in the 2nd quarter worth approximately $1,033,000. Finally, Benjamin Edwards Inc. grew its position in shares of First Trust Intermediate Duration Investment Grade Corporate ETF by 33.5% in the 2nd quarter. Benjamin Edwards Inc. now owns 178,145 shares of the company’s stock worth $3,737,000 after acquiring an additional 44,732 shares in the last quarter.

First Trust Intermediate Duration Investment Grade Corporate ETF Trading Down 0.1%

Shares of NYSEARCA FIIG opened at $20.37 on Friday. 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 business has a 50 day simple moving average of $20.63 and a 200-day simple moving average of $20.84.

First Trust Intermediate Duration Investment Grade Corporate ETF 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.