Mutual Advisors LLC Boosts Stake in First Trust Intermediate Duration Investment Grade Corporate ETF (NYSEARCA:FIIG)

Mutual Advisors LLC boosted its holdings in First Trust Intermediate Duration Investment Grade Corporate ETF (NYSEARCA:FIIG) by 14.2% during the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 146,046 shares of the company’s stock after buying an additional 18,163 shares during the period. Mutual Advisors LLC owned approximately 1.88% of First Trust Intermediate Duration Investment Grade Corporate ETF worth $3,046,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. CWM LLC acquired a new position in First Trust Intermediate Duration Investment Grade Corporate ETF during the 3rd quarter worth approximately $69,000. International Assets Investment Management LLC acquired a new position in shares of First Trust Intermediate Duration Investment Grade Corporate ETF during the second quarter worth $117,000. Private Client Services LLC purchased a new position in shares of First Trust Intermediate Duration Investment Grade Corporate ETF in the third quarter valued at $210,000. FSB Premier Wealth Management Inc. acquired a new stake in First Trust Intermediate Duration Investment Grade Corporate ETF during the 2nd quarter valued at $203,000. Finally, Sanctuary Advisors LLC purchased a new stake in First Trust Intermediate Duration Investment Grade Corporate ETF during the 2nd quarter worth $203,000.

First Trust Intermediate Duration Investment Grade Corporate ETF Stock Down 0.5 %

Shares of NYSEARCA FIIG opened at $20.80 on Thursday. First Trust Intermediate Duration Investment Grade Corporate ETF has a 1 year low of $19.09 and a 1 year high of $21.60. The stock’s 50-day simple moving average is $21.26 and its 200-day simple moving average is $20.78.

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.