Manchester Financial Inc. Purchases 81,656 Shares of First Trust Intermediate Duration Investment Grade Corporate ETF $FIIG

Manchester Financial Inc. lifted its position in First Trust Intermediate Duration Investment Grade Corporate ETF (NYSEARCA:FIIG) by 16.3% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 583,865 shares of the company’s stock after buying an additional 81,656 shares during the quarter. First Trust Intermediate Duration Investment Grade Corporate ETF comprises approximately 2.5% of Manchester Financial Inc.’s holdings, making the stock its 13th largest position. Manchester Financial Inc. owned 2.07% of First Trust Intermediate Duration Investment Grade Corporate ETF worth $12,395,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. CWM LLC lifted its position in First Trust Intermediate Duration Investment Grade Corporate ETF by 749.7% during the 2nd quarter. CWM LLC now owns 1,623 shares of the company’s stock worth $34,000 after acquiring an additional 1,432 shares during the last quarter. Evolution Wealth Management Inc. bought a new position in shares of First Trust Intermediate Duration Investment Grade Corporate ETF in the second quarter worth about $117,000. Ameritas Advisory Services LLC bought a new position in shares of First Trust Intermediate Duration Investment Grade Corporate ETF in the second quarter worth about $127,000. Comerica Bank lifted its position in shares of First Trust Intermediate Duration Investment Grade Corporate ETF by 37.0% during the 1st quarter. Comerica Bank now owns 6,754 shares of the company’s stock worth $140,000 after purchasing an additional 1,823 shares during the last quarter. Finally, Milestones Private Investment Advisors LLC acquired a new position in shares of First Trust Intermediate Duration Investment Grade Corporate ETF during the 2nd quarter worth about $215,000.

First Trust Intermediate Duration Investment Grade Corporate ETF Stock Performance

Shares of First Trust Intermediate Duration Investment Grade Corporate ETF stock opened at $21.13 on Wednesday. The company’s fifty day simple moving average is $21.25 and its 200-day simple moving average is $21.12. First Trust Intermediate Duration Investment Grade Corporate ETF has a 1 year low of $19.96 and a 1 year high of $21.49.

First Trust Intermediate Duration Investment Grade Corporate ETF Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Friday, November 28th. Shareholders of record on Friday, November 21st were given a $0.08 dividend. This represents a c) annualized dividend and a yield of 4.5%. The ex-dividend date was Friday, November 21st.

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.