First Trust Intermediate Duration Investment Grade Corporate ETF $FIIG Shares Sold by Stephens Inc. AR

Stephens Inc. AR lowered its holdings in First Trust Intermediate Duration Investment Grade Corporate ETF (NYSEARCA:FIIG) by 11.4% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 400,825 shares of the company’s stock after selling 51,521 shares during the quarter. Stephens Inc. AR owned 1.70% of First Trust Intermediate Duration Investment Grade Corporate ETF worth $8,409,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in the company. Manchester Financial Inc. increased its position in shares of First Trust Intermediate Duration Investment Grade Corporate ETF by 7.5% in the second quarter. Manchester Financial Inc. now owns 502,209 shares of the company’s stock valued at $10,536,000 after buying an additional 34,880 shares in the last quarter. Harbour Investments Inc. grew its holdings in First Trust Intermediate Duration Investment Grade Corporate ETF by 65.1% in the 2nd quarter. Harbour Investments Inc. now owns 16,718 shares of the company’s stock valued at $351,000 after buying an additional 6,593 shares during the period. RFG Advisory LLC grew its holdings in First Trust Intermediate Duration Investment Grade Corporate ETF by 15.2% in the 2nd quarter. RFG Advisory LLC now owns 20,640 shares of the company’s stock valued at $433,000 after buying an additional 2,722 shares during the period. CWM LLC lifted its stake in shares of First Trust Intermediate Duration Investment Grade Corporate ETF by 749.7% in the 2nd quarter. CWM LLC now owns 1,623 shares of the company’s stock valued at $34,000 after purchasing an additional 1,432 shares in the last quarter. Finally, Concurrent Investment Advisors LLC lifted its stake in shares of First Trust Intermediate Duration Investment Grade Corporate ETF by 4,707.5% in the 2nd quarter. Concurrent Investment Advisors LLC now owns 500,123 shares of the company’s stock valued at $10,493,000 after purchasing an additional 489,720 shares in the last quarter.

First Trust Intermediate Duration Investment Grade Corporate ETF Price Performance

First Trust Intermediate Duration Investment Grade Corporate ETF stock opened at $21.44 on Tuesday. The stock’s 50 day moving average price is $21.23 and its 200 day moving average price is $20.89. First Trust Intermediate Duration Investment Grade Corporate ETF has a one year low of $19.96 and a one year high of $21.47.

First Trust Intermediate Duration Investment Grade Corporate ETF Company 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.