Tucker Asset Management LLC Raises Stake in First Trust Intermediate Duration Investment Grade Corporate ETF (NYSEARCA:FIIG)

Tucker Asset Management LLC boosted its holdings in First Trust Intermediate Duration Investment Grade Corporate ETF (NYSEARCA:FIIG) by 60.7% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 5,513 shares of the company’s stock after buying an additional 2,083 shares during the period. Tucker Asset Management LLC’s holdings in First Trust Intermediate Duration Investment Grade Corporate ETF were worth $113,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Sanctuary Advisors LLC grew its stake in shares of First Trust Intermediate Duration Investment Grade Corporate ETF by 1.9% in the fourth quarter. Sanctuary Advisors LLC now owns 68,552 shares of the company’s stock valued at $1,410,000 after buying an additional 1,266 shares in the last quarter. Principal Securities Inc. grew its position in First Trust Intermediate Duration Investment Grade Corporate ETF by 9.7% in the fourth quarter. Principal Securities Inc. now owns 5,760 shares of the company’s stock valued at $118,000 after acquiring an additional 510 shares in the last quarter. Private Advisor Group LLC raised its stake in shares of First Trust Intermediate Duration Investment Grade Corporate ETF by 32.0% during the fourth quarter. Private Advisor Group LLC now owns 23,735 shares of the company’s stock valued at $485,000 after purchasing an additional 5,756 shares during the period. Janney Montgomery Scott LLC lifted its position in shares of First Trust Intermediate Duration Investment Grade Corporate ETF by 42.8% during the fourth quarter. Janney Montgomery Scott LLC now owns 111,473 shares of the company’s stock worth $2,280,000 after purchasing an additional 33,404 shares in the last quarter. Finally, Foundations Investment Advisors LLC purchased a new position in shares of First Trust Intermediate Duration Investment Grade Corporate ETF in the fourth quarter valued at $439,000.

First Trust Intermediate Duration Investment Grade Corporate ETF Stock Up 0.5 %

First Trust Intermediate Duration Investment Grade Corporate ETF stock opened at $20.69 on Friday. First Trust Intermediate Duration Investment Grade Corporate ETF has a 12-month low of $19.91 and a 12-month high of $21.60. The firm’s fifty day moving average price is $20.63 and its 200 day moving average price is $20.80.

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.