Truist Financial Corp Has $18.73 Million Stake in First Trust Limited Duration Investment Grade Corporate ETF $FSIG

Truist Financial Corp raised its holdings in First Trust Limited Duration Investment Grade Corporate ETF (NYSEARCA:FSIG) by 6.2% in the fourth quarter, Holdings Channel reports. The fund owned 975,904 shares of the company’s stock after acquiring an additional 56,654 shares during the period. Truist Financial Corp’s holdings in First Trust Limited Duration Investment Grade Corporate ETF were worth $18,728,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Geneos Wealth Management Inc. grew its stake in First Trust Limited Duration Investment Grade Corporate ETF by 68.7% in the second quarter. Geneos Wealth Management Inc. now owns 2,871 shares of the company’s stock valued at $55,000 after acquiring an additional 1,169 shares during the period. Triumph Capital Management acquired a new position in shares of First Trust Limited Duration Investment Grade Corporate ETF during the third quarter worth about $91,000. Advisory Services Network LLC acquired a new position in shares of First Trust Limited Duration Investment Grade Corporate ETF during the third quarter worth about $143,000. Balboa Wealth Partners acquired a new position in shares of First Trust Limited Duration Investment Grade Corporate ETF during the third quarter worth about $193,000. Finally, Sound Income Strategies LLC acquired a new position in shares of First Trust Limited Duration Investment Grade Corporate ETF during the fourth quarter worth about $193,000.

First Trust Limited Duration Investment Grade Corporate ETF Stock Up 0.3%

FSIG stock opened at $18.99 on Thursday. The business has a 50-day moving average of $19.01 and a 200-day moving average of $19.13. First Trust Limited Duration Investment Grade Corporate ETF has a fifty-two week low of $18.80 and a fifty-two week high of $19.33.

First Trust Limited Duration Investment Grade Corporate ETF Profile

The First Trust Limited Duration Investment Grade Corporate ETF (FSIG) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund seeks to provide current income from an actively managed portfolio of short-term US investment-grade corporate bonds. FSIG was launched on Nov 17, 2021 and is managed by First Trust.