Rehmann Capital Advisory Group Purchases 38,427 Shares of First Trust Intermediate Duration Investment Grade Corporate ETF $FIIG

Rehmann Capital Advisory Group increased its position in First Trust Intermediate Duration Investment Grade Corporate ETF (NYSEARCA:FIIG) by 11.5% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 371,489 shares of the company’s stock after buying an additional 38,427 shares during the period. Rehmann Capital Advisory Group’s holdings in First Trust Intermediate Duration Investment Grade Corporate ETF were worth $7,876,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of FIIG. GeoWealth Management LLC lifted its position in shares of First Trust Intermediate Duration Investment Grade Corporate ETF by 3.7% in the third quarter. GeoWealth Management LLC now owns 14,661 shares of the company’s stock valued at $311,000 after acquiring an additional 519 shares in the last quarter. RFG Advisory LLC boosted its stake in shares of First Trust Intermediate Duration Investment Grade Corporate ETF by 2.1% in the fourth quarter. RFG Advisory LLC now owns 25,855 shares of the company’s stock worth $548,000 after acquiring an additional 529 shares during the period. Betterment LLC grew its position in shares of First Trust Intermediate Duration Investment Grade Corporate ETF by 7.2% during the fourth quarter. Betterment LLC now owns 13,460 shares of the company’s stock worth $285,000 after purchasing an additional 900 shares in the last quarter. Twin Peaks Wealth Advisors LLC grew its position in shares of First Trust Intermediate Duration Investment Grade Corporate ETF by 2.2% during the fourth quarter. Twin Peaks Wealth Advisors LLC now owns 55,170 shares of the company’s stock worth $1,168,000 after purchasing an additional 1,178 shares in the last quarter. Finally, Milestones Private Investment Advisors LLC raised its stake in First Trust Intermediate Duration Investment Grade Corporate ETF by 11.7% during the 4th quarter. Milestones Private Investment Advisors LLC now owns 11,505 shares of the company’s stock valued at $244,000 after purchasing an additional 1,208 shares during the period.

First Trust Intermediate Duration Investment Grade Corporate ETF Price Performance

NYSEARCA FIIG opened at $20.75 on Friday. The stock’s 50 day moving average is $20.76 and its 200 day moving average is $20.97. First Trust Intermediate Duration Investment Grade Corporate ETF has a 12 month low of $20.43 and a 12 month high of $21.49.

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.