First Trust Intermediate Duration Investment Grade Corporate ETF (NYSEARCA:FIIG) Stake Boosted by Capital Analysts LLC

Capital Analysts LLC boosted its holdings in First Trust Intermediate Duration Investment Grade Corporate ETF (NYSEARCA:FIIG) by 6.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 13,034 shares of the company’s stock after purchasing an additional 843 shares during the quarter. Capital Analysts LLC’s holdings in First Trust Intermediate Duration Investment Grade Corporate ETF were worth $267,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the business. MML Investors Services LLC boosted its holdings in shares of First Trust Intermediate Duration Investment Grade Corporate ETF by 362.6% in the 4th quarter. MML Investors Services LLC now owns 150,912 shares of the company’s stock valued at $3,086,000 after buying an additional 118,290 shares during the period. Concourse Financial Group Securities Inc. boosted its stake in First Trust Intermediate Duration Investment Grade Corporate ETF by 5.8% in the fourth quarter. Concourse Financial Group Securities Inc. now owns 20,654 shares of the company’s stock valued at $423,000 after acquiring an additional 1,129 shares during the period. NewEdge Advisors LLC grew its holdings in shares of First Trust Intermediate Duration Investment Grade Corporate ETF by 240.7% during the fourth quarter. NewEdge Advisors LLC now owns 57,895 shares of the company’s stock valued at $1,184,000 after purchasing an additional 40,900 shares during the last quarter. LaSalle St. Investment Advisors LLC acquired a new stake in shares of First Trust Intermediate Duration Investment Grade Corporate ETF during the 4th quarter worth approximately $504,000. Finally, Envestnet Asset Management Inc. lifted its holdings in shares of First Trust Intermediate Duration Investment Grade Corporate ETF by 16.7% in the 4th quarter. Envestnet Asset Management Inc. now owns 1,366,659 shares of the company’s stock worth $27,948,000 after purchasing an additional 195,307 shares during the last quarter.

First Trust Intermediate Duration Investment Grade Corporate ETF Stock Performance

NYSEARCA:FIIG opened at $20.66 on Monday. First Trust Intermediate Duration Investment Grade Corporate ETF has a 12-month low of $19.96 and a 12-month high of $21.60. The business has a 50 day simple moving average of $20.62 and a 200 day simple moving average of $20.67.

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.