Park Avenue Securities LLC Makes New $2.67 Million Investment in First Trust Limited Duration Investment Grade Corporate ETF $FSIG

Park Avenue Securities LLC purchased a new stake in First Trust Limited Duration Investment Grade Corporate ETF (NYSEARCA:FSIG) in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 145,534 shares of the company’s stock, valued at approximately $2,675,000. Park Avenue Securities LLC owned about 0.18% of First Trust Limited Duration Investment Grade Corporate ETF at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Citadel Advisors LLC purchased a new position in First Trust Limited Duration Investment Grade Corporate ETF during the 2nd quarter worth $10,607,000. First Trust Advisors LP raised its holdings in shares of First Trust Limited Duration Investment Grade Corporate ETF by 14.0% in the first quarter. First Trust Advisors LP now owns 3,272,845 shares of the company’s stock valued at $61,988,000 after buying an additional 400,983 shares during the last quarter. Kintra Wealth LLC acquired a new stake in shares of First Trust Limited Duration Investment Grade Corporate ETF during the second quarter worth about $6,493,000. Avior Wealth Management LLC acquired a new stake in shares of First Trust Limited Duration Investment Grade Corporate ETF during the third quarter worth about $1,932,000. Finally, Sigma Planning Corp acquired a new stake in shares of First Trust Limited Duration Investment Grade Corporate ETF during the third quarter worth about $1,098,000.

First Trust Limited Duration Investment Grade Corporate ETF Price Performance

NYSEARCA FSIG opened at $18.56 on Friday. First Trust Limited Duration Investment Grade Corporate ETF has a 52-week low of $18.34 and a 52-week high of $19.25. The business’s 50-day moving average price is $18.56 and its 200 day moving average price is $18.87.

First Trust Limited Duration Investment Grade Corporate ETF Company 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.